Industry Analysis & Industry Trends
Coal continues to play a vital role in global electricity generation markets and, consequently, the industry has recovered strongly from the global recession. While the Global Coal Mining industry's performance suffered during the recession, it rebounded strongly in 2010 and 2011. Despite environmental concerns about coal's high carbon content, countries still heavily rely on coal to provide electricity to their populations. In the coming years, the worldwide output of coal is expected to continue expanding in response to growing demand from electricity generators and steel producers... read more
The Global Coal Mining industry produces two types of coal: black coal and brown coal (also known as lignite). Black coal can be further broken down into thermal coal and coking coal. Coal is categorized based on its contents of carbon (i.e. energy) and moisture, which in turn determine its value.
Thermal coal (also known as steaming coal) is used to convert to electricity as a source of energy. Thermal coal generally contains less carbon than coking coal, making it unsuitable for steel making; instead, it has relatively high energy content, thus suiting it for electricity generation. Currently, an estimated 73.8% of global coal production (by volume) consists of thermal coal... read more