China boosts coal’s economic value 700% after turning it to liquids: report

Aug 24, 2026 | INVESTING

The world’s largest coal-to-liquids plant is turning coal into oil products that can power rockets and serve as machine lubricants while boosting its value sevenfold, according to a Chinese newspaper.
The production line, built by China Energy Group Ningxia Coal Industry Co Ltd, began full operations in northwest China’s Ningxia Hui autonomous region last month and processed 24 million tonnes of coal in 2025 – a quarter of the region’s total annual output, according to a report published by…

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