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Mining.com reported that the present year might be a tough year for coal as the industry has failed to recover due to a slow pick up in demand.
Mining.com reported that the present year might be a tough year for coal as the industry has failed to recover due to a slow pick up in demand.
As quoted in the market news,
China’s economic growth slowed a bit, but its efforts at reining air pollution have gone a long way at reducing coal demand. In fact, China may have already hit a peak in its coal consumption, which would be a shocking development considering the country was aiming to hit its peak no later than 2020.