Shanxi Coking posts net profit of RMB 239-286 million for 2024

both India and Mongolia have been working on a trade route to supply copper and coking coal as Mongolia is a land- locked country, the sources said.

Global demand for coal will rise to an all-time high of 8.77 billion tons in 2024, the International Energy Agency (IEA) predicts in its report.

Nation to maintain stable coal production.

Global coal demand is forecast to be 8.77 billion tonnes in 2024

India's leading steelmakers JSW Steel and SAIL are in talks to import coking coal from Mongolia to diversify their supply.

Anglo American has agreed to divest its remaining steelmaking coal portfolio in Australia to Peabody Energy in an all-cash deal valued at up to $3.77bn.

Top thermal coal exporter Indonesia, one of the world's largest carbon emitters, is aiming to reduce coal-fired power to 33% in its energy mix by 2040 and increase the share of renewable energy production to 42%