Global coal consumption hit 8.77 billion metric tons in 2024, driven by surging demand from China and emerging economies. The IEA predicts coal demand will plateau by 2027, but at record-high ...
BEIJING - China, the world's top coal importer, bought less Russian coal in 2024 while increasing purchases from other key suppliers, led by Australia, during a record year for coal imports ...
BEIJING - China's coal imports rose 14.4% in 2024 to a record high, official data showed on Monday, as lower international coal prices spurred buyers to substitute imports for domestic supply.
China plays a pivotal role in this trend, accounting for over a third of the world's coal consumption, as its demand reached 4.9 billion tons in 2024. Despite massive investments in renewable ...
China, the world’s biggest coal consumer, extended its lead in imports over No. 2 buyer India last year to the widest since at least 2013, customs data shows, cementing its hold on global coal ...