China’s economy is a giant coal-fired machine. Thermal coal remains the predominant source of electricity generation, at about 60 per cent. And metallurgical coal remains an indispensable input to steel production, the dominant industrial process.
A coal shock is therefore a big deal, both for China and globally.
Loading...
Grant Wilson is Executive Chair of Tivan Limited, a critical minerals company with major project status in the Northern Territory. He sits on the Advisory Board of Exante Data, Inc, a macro advisory and data analytics company based in New York. Connect with Grant on Twitter.
