综合实力稳步提升 转型发展挑战仍存 煤炭行业临近转型关键期

Core Insights - The China Coal Industry Association (CCIA) held a press conference to review the coal industry's reform and development since the 14th Five-Year Plan and to summarize the economic operation of the coal sector in 2024 [1] - The coal supply has been steadily increasing, with a shift in production focus towards the central and western regions of China, enhancing the industry's overall strength and modernized coal production system [1][2] Production and Supply - In 2024, China's coal production reached 4.78 billion tons, an increase of 880 million tons compared to 2020 [2] - The western region's raw coal output increased from 2.32 billion tons to 3.04 billion tons, accounting for an increase of 4.2% of the national total [2] - The eight major coal-producing provinces contributed 4.36 billion tons, representing 91.3% of the national output, with significant increases in regions like Xinjiang and Ordos [3] Industry Structure and Optimization - The number of coal mines in China decreased from over 4,600 to fewer than 4,300, with the average production capacity per mine increasing from 1.1 million tons/year to over 1.4 million tons/year [4] - The coal washing rate reached 68% in 2024, with significant improvements in the comprehensive utilization rates of coal gangue and mine water [4] - New coal chemical industries are rapidly developing, with a shift from coal as a single fuel to a dual role as both raw material and fuel [4] Future Outlook and Challenges - The coal industry is expected to face transformation challenges as it approaches peak consumption around 2028, transitioning from a growth phase to a stabilization phase [5] - The industry will need to adapt to fluctuations in consumption while ensuring energy supply stability, particularly as renewable energy sources develop [5] - There are ongoing issues such as the need for optimized production layout, increased transportation demands, and low levels of R&D investment that require systematic solutions [6]