Asia Coal Catalyst Company

China and India's Coal Prices climb again, Indonesian coal imports rising.

Asia is in a coal crisis, demand for coal is outstripping suppliers ability to produce. China mines 3.6 billion tons per year and plans to import more than 165 million tons in 2011 which represents nearly 45% of worldwide coal consumption.

More than 40% of Chinese coal power plants produce energy at a financial loss. Almost half of coal power plants sell electricity below their cost. 80% of energy output comes from coal. in 2011 consumption is expected to rise by more than 10 per cent.