China to Keep Tapping Coal to Meet Its Energy Security Needs
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Cheap coal will continue to provide the ballast for China’s energy security in the coming year, according to the country’s top industry grouping.
Output is likely to rise 1.5% in 2025 for a ninth consecutive annual increase, while demand should expand 1%, the China Coal Transportation and Distribution Association said at a briefing on Wednesday. Persistently high stockpiles should keep the fuel relatively inexpensive, although overseas purchases may moderate from this year’s record level.