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Thermal Coal Hits 40-Year High at 29.6% of Global Energy Mix
Jun. 09, 2011 02:15PM PST
Industrial MetalsPlatts reported that thermal coal consumption made up 29.6% of the global energy mix, the most in 40 years.
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.