While demand for coal is expected to fall long-term amid concerns over climate change and a shift to other fuels, the sector still remains pretty hot. Here are some basics for those considering an investment in coal.<\/p>
Coal is a rock that\u2019s predominantly made of carbon. Its combustible properties make it useful to burn for fuel and accounts for almost 40% of the world\u2019s electricity generation.<\/p>
Ten countries produce 90% of the world\u2019s coal, with China, India and the United States leading the pack. Despite a growing climate change movement and calls for green energy, the coal demand is forecast to remain stable into 2024.<\/p>
Coal stocks include companies that mine and process coal for electricity plants and steel production.<\/p>
Many coal stocks trade on the New York Stock Exchange<\/a>. But certain stocks, including China Shenhua Energy, are only available over-the-counter or from an international exchange.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n