Market Research Report
Global Coal Mining to 2025 - Updated with Impact of COVID-19
|Published by||GlobalData||Product code||933456|
|Published||Content info||89 Pages
Delivery time: 1-2 business days
|Global Coal Mining to 2025 - Updated with Impact of COVID-19|
|Published: April 15, 2021||Content info: 89 Pages||
GlobalData's "Global Coal Mining to 2025 - Updated with Impact of COVID-19" provides a comprehensive coverage on the global coal industry. It provides historical and forecast data on coal production by country, production by company, reserves by country and world coal prices. The report also includes a demand drivers section providing information on factors that are affecting the global coal industry. It further profiles major coal producers, information on the major active, planned and exploration projects by region.
Global coal mine production declined by 2.0% to 7.7 billion tonnes (Bnt) in 2020, primarily due to the impact of the COVID-19 pandemic, which resulted in the temporary suspension of several mines, amid weak coal demand. In addition, mine-specific issues such as pit sequencing at the Moorvale mine; the planned dragline outage at Coppabella; a 91-day strike at Cerrejon; longwall moves at the Grasstree and Oaky Creek; an underground methane explosion at the Grosvenor mine and geotechnical challenges at the Moranbah in Q4 2020 further impacted coal mine production in 2020. Production over the forecast period (2021-2025) is expected to grow at a CAGR of 2.3%, to reach 8.8Bnt in 2025.