Wednesday, 14 December 2011

IEA warns - Coal demand to grow by 600 000 t/d over next five years,


JOHANNESBURG (miningweekly.com) - Global coal demand will continue to expand “aggressively” over the coming five years, the International Energy Agency’s (IEA - Homepage) inaugural ‘Medium-Term Coal Market Report 2011’ states, while also warning that infrastructure bottlenecks and an expected shift to poorer quality deposits could place upward pressure on costs and prices.
In fact, the IEA report, which was released this week, forecasts that average coal demand would grow by 600 000 t/d over the period, despite calls for efforts to be intensified to remove carbon from the energy system Read more here...

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