Coal

Metawise Group is the global supplier of hard metallurgical coal. We primarily market high quality hard metallurgical coals for the international steel industry. Moreover, we provide various kinds of other coal qualities to meet specific customer requirements.

Coal is the most important fuel producing electricity in the United States and around the world, but it is also the most controversial. As the greatest source of carbon dioxide of all fuels, environmentalists say it is critical to reduce the world's dependence on it in order to stem global warming.

Coal is a fossil fuel, and a sedimentary rock that is formed by geological action over millions of years. Today it is primarily used as a fuel source for power; power plants burn coal to make steam, which then turn turbines. It is also used for coking for metallurgical applications. The high temperatures created by the use of baked coal, known as coke, give steel its strength and flexibility. The paper and concrete industries also use coal in manufacturing.

While coal is contentious, coal consumption is growing. According to a recent U.S. Energy Department study, world coal consumption could increase by 65 percent between 2005 and 2030. Its share of world energy consumption could increase over that period from 27 percent to 29 percent. Coal's preponderance is a reason why the U.S. government invests and encourages private efforts in carbon capture and sequestration efforts to lesson coal's impact on climate change, but most experts think a breakthrough is several years away at best. Metawise Group's portfolio of professional operations and our marketing model ensure that we are able to provide our customers with high-quality metallurgical coal and services that meet their needs. Our services are not only in the Atlantic and Pacific markets, but also in Europe, Africa and Asia. Metallurgical coal is the solid carbonaceous material derived from destructive distillation of low-ash, low-sulfur bituminous coal. Cokes from coal are grey, hard, and porous. Metallurgical coal is used as a fuel and as a reducing agent in smelting iron ore in a blast furnace.

In China, coal demand by metallurgical industries will continue to increase, but their share in national coal consumption will be decreased further. The main coal consuming products of building material industry have reached high production level, the growth space is quite limited, comparing with developed countries, there is a great potential for energy saving, the coal consumption will reach the peak in 2010, and may decrease later on. Coal demand of other end coal users such as residential users will continue to decrease. Considering he side effect resulted from the environmental impact due to coal mining, the coal export should not be increased too much, the net coal export can be ontrolled within 100Mt or so. By 2002, 2010 and 2020, total coal demand in China is expected to reach 1650Mt, 1800Mt and 2050-2200Mt respectively, of which , the domestic coal demand is 1580Mt, 1720Mt and 1950-2100Mt espectively.