The Strata Group – Railway Sleepers & Solid Fuels Quality Products Distributed throughout the UK & Ireland

19Feb/13Off

All the Coal in China !

It is a common perception that coal comes from 2 to 3 countries worldwide. It can be said that Colombian Coal is the premium product on the Market and Closely Followed by Polish Coal.
But alas, there are other Countries other than the usual suspects and one sleeping giant could become the biggest player in the world market on the Product.
China can be typified by its mass produced electrical products, but a country with the largest population and workforce in the world has to be a player at some point ?
Coal accounts for 28% of the worlds fuel usage but in China that statistic is Somewhat Higher. With Coal accounting for 70% of China's fuel usage surely the finger points at a higher European consumption.

China's coal exports have always been centered towards the US Market but with large parts of the US switching to Gas all this Coal has to go Somewhere !

http://www.huffingtonpost.com/bill-chameides/old-wang-coal_b_2711152.html

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