China’s Coal Industry Group Revises Down 2024 Output Forecast

Chinese coal production this year will vary by between a 1% annual decline and 1% growth this year, a major industry association said on Wednesday, revising down its previous forecast of a 1% increase in coal production. China’s top producing region, Shanxi, is likely to miss its coal production target for 2024, Li Xuegang, deputy chairman of the China Coal Transportation and Distribution Association (CCTD), said on Wednesday, as carried by Reuters. Shanxi, the coal county in the world’s top coal producer, will find it “extremely…