China’s appetite for overseas coal is roaring

Entering the Year of Tiger, enterprises in the world's largest coal producer,Shanxi's Coal Barons being "Reorganized" Out of the Industry Shanxi's Nationalizing of Coal Mines Riles Zhejiang Investors, Government China, are more and more seeking overseas coal. The unexpectedly massive onslaught of snow and ice in the country's northern reaches has caused coal shortages in the southeast and is strengthening the determination of Chinese firms to go after overseas resources.

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As I can recall, Indonesia is the largest coal exporter in the world and considering Indonesia's advantages, in term of transport distance, in the eye of China, China's industry will definitely eyeing Indonesia as its primary coal sources. Somehow this will lead to another push to increase the production and meet the demand.

Author: aryadn

blogger, microblogger, professional mining engineer, metallurgist by education, interested in mobile-street photography.