China’s National Energy Authority (NEA) is researching protective measures on "rare coal resources" such as coking coal, China Securities Journal reported, citing unnamed channels.
"Coking coal accounts for 25% of China’s total coal reserves while the proportion of combined prime and rich coal was less than 9%. The scarcity hits China hard, as coking coals are widely used in the manufacture of steel," it stated.
According to the publication, China is expected to exhaust its high-quality coking coal within 50 years if extraction continues apace.
"Coking coal accounts for 25% of China’s total coal reserves while the proportion of combined prime and rich coal was less than 9%. The scarcity hits China hard, as coking coals are widely used in the manufacture of steel," it stated.
According to the publication, China is expected to exhaust its high-quality coking coal within 50 years if extraction continues apace.