Is coal trade entering a turning point?

Global Perspective Global coal demand reached 8.79 billion tons in 2024, marking a new record. According to the IEA’s Coal Mid-Year Update 2025 (July, 2025), consumption is expected to plateau at similar levels in 2025, reflecting a critical shift. In China, coal demand fell by around 0.5% in the first half of 2025, as electricity …

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