China's Coal Use to Grow by Third in Five Years, U.S. Miner Peabody Says

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Sep 2010

China's coal use will probably grow by more than a third in the next five years, said Peabody Energy Corp., the largest U.S. coal producer.
China's current coal consumption of 3.3 billion tons a year will likely rise to 4.5 billion tons, Frederick Palmer, St. Louis-based Peabody's senior vice president of government relations, said at an American Conference Institute forum on carbon-capture technology in Washington.

Source: Bloomberg