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China Targets Increased Domestic Coal Production

COAL

China will increase its energy supply capacity and its reserve capacity for key commodities according to the Chinese National Energy Administration today.

  • The strategy is centered on coal while speeding up the development of domestic oil and gas resources.
  • China aims for production capacity of indigenous resources to exceed 4.6 billion tonnes of standard coal by 2025, versus its 4.41 billion target for 2022.
  • Nationwide coal stocks stand at more than 170 million tonnes, up from the government's May figure of 159 million tonnes.

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