2014-02-07 05:03:03 - Mining of Coal and Lignite; Extraction of Peat in Australia: ISIC 10 - a new market research report on companiesandmarkets.com
The Australian industry of mining of coal and lignite and extraction of peat experienced 19% annual growth over 2000-2010. The surging global demand for coal was a major force leading to the industry´s growth.
The Australian coal, lignite and peat market grew by a net 178% over the decade, equivalent to 15% average annual growth, reaching A$8.6 billion in 2010. The market was highly volatile, experiencing the highest year-on-year growth of 92% in 2008 as coal prices surged around the world. In 2009 the market decreased 32% year-on-year as the global economic downturn and reduced industrial demand were accompanied by a sharp decrease in coal prices.
Businesses are undoubtedly the largest buyers of coal, lignite and peat, accounting for 99% of the
total market value on average. The main business customers are power companies, electricity-generating stations, iron and steel mill operators.
Click for report details: www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..
Browse all Agriculture, Farming & Raw Materials Market Research Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..
Browse all Agriculture, Farming & Raw Materials Company Profile Reports www.companiesandmarkets.com/Market/Agriculture-Farming-Raw-Mater ..
Browse all Latest Market Research Reports www.companiesandmarkets.com/Market/All/Market-Research?aCode=f3f ..
Companiesandmarkets.com is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles, Companiesandmarkets.comâs online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.