2014-03-07 15:10:05 - Global Coal Mining - a new industry profile report on companiesandmarkets.com
Global Coal MiningCoal is a widely used global commodity whose price fluctuates greatly. Demand for both thermal coal and coking coal has increased during the past five years as some emerging economies have shown rapid growth. In the next five years, as the global economy normalizes, steel production will increase, boosting demand for coking coal. In addition, new technology that enables burning low-sulfur coal will increase demand for thermal coal in Western markets while keeping coals environmental impact to a minimum.This industry mines various types of coal. Most coal mines consist of bituminous coal or anthracite (types of black coal), but firms may also mine lignite (brown coal). Mining occurs underground and in surface pits. Industry firms may also develop
coal mine sites and prepare the coal for sale by washing, screening and sizing it.This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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