Indonesian and Indian coal miners rally amid China energy crisis

Stock investors drawn back to unloved fuel despite global push for green energy

20211012 Coal Ports At Newcastle

Stockpiles of coal in Newcastle, New South Wales, Australia. Energy providers around the world are clamoring for the dirty fuel despite the fight against global warming. © Getty Images

JADA NAGUMO and RURIKA IMAHASHI, Nikkei staff writers

TOKYO -- Shares in Asian coal miners are surging as China's ravenous appetite for energy and widespread disruption to supplies push up coal prices.

Investors' rekindled enthusiasm for coal, however, comes amid a global push for cleaner energy, leaving companies with a dilemma over whether and how much to increase output of the commodity.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.