signalling shift in energy landscape

China is experiencing a rapid buildup of coal stockpiles, with inventories reaching over 635 million tons by the end of June, up from below 90 million tons during the 2021 electricity supply crisis. This surge, fueled by increased domestic production and imports, may push coal prices lower during the typical autumn slowdown, affecting miners globally. The surge stems from China’s response to the 2021 energy crisis, where coal shortages led to power cuts. In response,…