China's AI Revolution Reshapes Coal Industry Profitability ...Middle East

Not only is the world’s second largest economy resisting calls to phase out coal – they’re revolutionizing it. One Chinese company has gone all in on artificial intelligence to run its coal mining operations – and now it’s raking in more profits than your average investment bank. Even with coal prices in decline, the mine posted a 40% profit margin in 2024. With the one-two punch of energy security and profitability, coal is likely here to stay in the Chinese energy mix, climate pledges be damned. The Dahaize Mine…

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