Transforming it into high-value carbon materials used in industries ranging from energy storage to aerospace. The technology, presented at an industry conference in Taiyuan, Shanxi Province, converts ordinary coal into premium carbon materials through a specialized coal liquefaction process. A carbon-rich precursor used to manufacture advanced carbon materials. According to the company, approximately 60% of the carbon contained in coal can be converted directly into carbon materials rather than being released through combustion. The developers announced a cooperation agreement with the state-owned China Pingmei Shenma Group to construct a 6,000-tonne-per-year coal-based carbon materials project in Henan Province.