Thermal Coal Hits 40-Year High at 29.6% of Global Energy Mix

Platts reported that thermal coal consumption made up 29.6% of the global energy mix, the most in 40 years.

The market news is quoted as saying:

China, the world’s largest producer and consumer of thermal coal, saw its consumption of steam coal grow 10% year-on-year to 1.73 billion mt. China produced some 1.8 billion mt of thermal coal in 2010, up 9% on the year, and accounts for 48.2% of global output.

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