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Is there any subsidy for the restoration and management of closed pit mines?
Yes

In order to standardize the management of special funds for mine geological environment restoration and governance, and improve the efficiency in the use of funds, according to the Measures for the Administration of Special Funds for Mine Geological Environment Restoration and Governance in People's Republic of China (PRC), the total amount of subsidy funds and annual subsidy funds are determined at one time according to the financial situation.

The term "restoration and treatment of mine geological environment" as mentioned in these Measures refers to the restoration and treatment of the state-owned mines or responsible persons formed during the planned economy period, and the destruction of mine geological environment caused by mining activities.