china needs additional 450mt in 2012 to replace depleted production in china, to cover coal/power shortage and new coal consumption.
(don't forget India is short 200mtpa, plus new power generating capacity requirements)
From this article
-China Electricity Council says China's 2011 power shortage was 30GW - that's about 150mt 5500kcal coal shortage.
-china's power demand will grow by about 9.5 percent
-Coal consumption by power plants will grow some 150 million tonnes in 2012, which requires new coal supplies of more than 300 million tonnes in the domestic market(that's to replace depleted mines)
China needs more coal
http://www.dawn.com/2012/02/06/china-needs-more-coal.html
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