01.11.2010 - Coal industry steams ahead despite hiccup
From People.com.cn: China's long-term coal demand will remain strong despite falling coal consumption in the second half, Ernst & Young said. "I am confident in the Chinese coal industry over the next five years, although the sector might slow down to some degree," said Mike Elliott, a global mining and metals analyst with Ernst & Young, a global financial services organization. China holds an estimated 114.5 billion tons of recoverable coal reserves, and fossil fuels make up around 70 percent of the nation's total primary energy consumption...........................................Full Article: Source
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