In 2023, China's coal consumption in mining and processing of non-ferrous metal ores reached 92.65 Ten Thousand Metric Tons. Forecasts from 2024 to 2028 show a steady increase, culminating at 93.0 Ten Thousand Metric Tons in 2028. Year-on-year variations from 2024 to 2028 are modest, typically under 0.1%, indicating stability. The 5-year Compound Annual Growth Rate (CAGR) exhibits a gradual upward trend.
Future trends to watch for include:
- Shifts in China's industrial policy towards greener energy sources which might alter coal dependency.
- Technological advancements in mining and processing that impact coal efficiency.
- Global market demands for non-ferrous metals affecting production and consequently coal usage.