coal prices increasing Latest News

China is in a coal crisis, demand is outstripping supply. China mines 3.6 billion tons per year and imported 150 million tons which represented 45% of worldwide coal consumption.

India's coal-fired power sector is under tremendous pressure. It has been reported that nearly 30% of Indian coal fired power plants are currently at "critical" levels. Coal stockpiles are running very low.

Asia's coal shortage has rapidly increased coal prices worldwide. Power plants struggle to find adequate and reliable coal supplies at reasonable prices. ASIA COAL CATALYST COMPANY offers China / India an affordable, simplistic Clean Coal Technology.