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And coal is mostly flat, while electricity demand is going up.

https://ember-energy.org/app/uploads/2026/09/China-Energy-Tr...

(Page 14)



China mined more coal in 2025 then ever, but burned less in coal plans. Coal is slowly shifting from electricity production to synthetic oil and chemical production.

https://www.mining.com/web/chinas-coal-output-hits-record-in...

https://www.reuters.com/business/energy/chinas-top-coal-regi...




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