Coal Mining Persists Despite Energy Shift

NEW DELHI--February 23, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite the global efforts to transition away from fossil fuels, coal remains essential in meeting the world's energy demands, leading to continued heavy investments toward coal mining. Industrial Info is tracking 1,250 active capital-spending projects worldwide, totaling more than US$142 billion of investment, toward grassroot, plant-expansion and unit-addition projects associated with coal mining, driven largely by the Asia and Oceania regions.