NEW YORK, July 7, 2016 /PRNewswire/ -- Synopsis
Timetric's 'Global Coal Mining to 2020' report comprehensively covers global reserves of coal by country, the historic and forecast data on coal production, prices and coal consumption.
The report also includes demand drivers for global coal, profiles of major coal producing companies in the world and information on the active, exploration and development coal projects.
It is an essential tool for companies active in the global coal mining landscape and for new competitors considering entering the industry.
Global coal reserves totaled 891.5 billion tonnes (Bnt) at the end of 2015. Sub-bituminous and lignite coal accounted for 54.8%, or 488.3bnt, while anthracite and bituminous coal collectively accounted for 45.2%, or 403.2Bnt.
The US ranked first in terms of coal reserves, with a global share of 26.6% or 237.3Bnt in 2015, followed by Russia with 157.0Bnt, China with 114.5Bnt, Australia with 76.4Bnt, India with 60.6Bnt and Germany with 40.5Bnt.
The report contains an overview of the global coal mining industry together with the key factors affecting the industry and demand for the commodity.
It also provides information about global coal reserves, the historic and forecast data on coal production, prices, coal consumption, the competitive landscape and active, exploration and development coal projects.
Reasons To Buy
Gain an understanding of the global coal mining industry, reserves, historic and forecast data on coal production, prices, coal consumption, demand drivers, active, exploration and development coal projects and the competitive landscape.
• Global coal production is dominated by six countries – China, the US, India, Australia, Indonesia and Russia – which together accounted for 78.4% of global production in 2015.
• China was the largest producer, with 3.5Bnt, followed by the US with 835.8 million tonnes (Mt), India with 668.0Mt, Australia with 459.9Mt, Indonesia with 425.0Mt, and Russia with 374.8Mt.
• Global coal consumption was an estimated 7.6Bnt in 2015, down by 39.3Mt, or 0.5% from 2014. This was mainly a result of falls in consumption in China and the US, of 3.1% and 6.6% from 2014 respectively.
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