China's coal imports could drop to 100 million tonnes by 2025

It is anticipated that China's coal imports will experience a decline reaching 100 million metric tonnes by the year 2025. This could potentially exert pressure on the benchmark coal prices, which are already at a low level. In 2024, Chinese fossil fuel consumers imported a record high of 542.7 million metric tonnes, as lower global prices prompted buyers to favour domestic supplies. Xuegang Li, Vice President of the China Coal Transportation and Distribution Association, stated at a conference that coal shipments may decrease by 50-100 million tonnes by 2025. Official data shows an 8% decline in coal imports in the five months up to May 2025. The government directive for coal-fired power plants to lessen imports and stockpile more domestic fuel could further impact thermal and metallurgical coal imports, although the extent of the decline was not specified by Li.

http://internasional.kontan.co.id/news/impor-batubara-china-bisa-turun-hingga-100-juta-ton-di-2025 

World Bank changes course, supports nuclear energy for developing countries

The World Bank has announced the lifting of its longstanding ban on financing nuclear energy projects in developing countries, with the aim of addressing increasing electricity demands. This decision follows the statement made by World Bank President Ajay Banga. While the board reached a consensus on the funding of nuclear energy, decisions on financing natural gas projects are pending. The bank had already ceased funding nuclear power projects in 2013 and upstream oil and gas projects from 2019. Despite the relatively smooth agreement on nuclear energy, some countries, including Germany, France and the UK, are hesitant about including natural gas projects in the bank's strategies. The deliberations reflect the complexity of the issue, with further discussions planned.

https://internasional.kontan.co.id/news/bank-dunia-ubah-haluan-dukung-energi-nuklir-untuk-negara-berkembang?page=1