China boosts coal’s economic value 700% after turning it to liquids: report
China Energy Group Ningxia Coal Industry Co Ltd has launched the world's largest coal-to-liquids plant in the Ningxia Hui autonomous region. This facility began full operations last month and converts coal into oil products, such as rocket fuel and machine lubricants, significantly increasing its economic value.

Briefing Summary
AI-generatedChina Energy Group Ningxia Coal Industry Co Ltd has launched the world's largest coal-to-liquids plant in the Ningxia Hui autonomous region. This facility began full operations last month and converts coal into oil products, such as rocket fuel and machine lubricants, significantly increasing its economic value. In 2025, the plant is projected to process 24 million tonnes of coal, representing a quarter of the region's total annual output. This development is particularly beneficial for China, which previously relied on the Middle East for over 40% of its crude oil imports before disruptions in the Strait of Hormuz.
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4 extractedThe plant, operated by China Energy Group Ningxia Coal Industry Co Ltd, began full operations last month.
The plant processed 24 million tonnes of coal in 2025, representing a quarter of the region's total annual output.
China's largest coal-to-liquids plant turns coal into oil products, boosting its value sevenfold.
The technology is beneficial for China, which previously sourced over 40% of its crude oil from the Middle East.