The Aporia
Tong, Z. (2026, August 24). China boosts coal’s economic value 700% after turning it to liquids: report. South China Morning Post. https://www.scmp.com/news/china/science/article/3365027/china-boosts-coals-economic-value-700-after-turning-it-liquids-report?utm_source=rss_feed
Tong, Zhang. “China boosts coal’s economic value 700% after turning it to liquids: report.” South China Morning Post, 24 Aug. 2026, https://www.scmp.com/news/china/science/article/3365027/china-boosts-coals-economic-value-700-after-turning-it-liquids-report?utm_source=rss_feed.
Tong, Zhang. “China boosts coal’s economic value 700% after turning it to liquids: report.” South China Morning Post, August 24, 2026. https://www.scmp.com/news/china/science/article/3365027/china-boosts-coals-economic-value-700-after-turning-it-liquids-report?utm_source=rss_feed.
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China has developed technology to convert coal into liquids, which is increasing its economic value by 700%. The largest coal-to-liquids plant in the world, built by China Energy Group Ningxia Coal Industry Co Ltd, began full operations last month in the Ningxia Hui autonomous region of northwestern China and processed 24 million tonnes of coal. This technology has been a significant boost for China, which previously imported over 40% of its crude oil from the Middle East before a conflict blocked the Strait of Hormuz, causing international oil prices to rise above $100 per barrel. The project not only generates substantial economic returns but also reduces reliance on imported oil.