Timetric's 'Global Coal Mining to 2020' report comprehensively covers global reserves of coal and reserves by country and region, proximate analysis of various coal and reserves by selected mines. It also covers the historic and forecast data on global coal production, production by country and by grade and type, historic and forecast consumption and consumption by sector and major exporting and importing countries. The report also includes demand drivers affecting the global coal mining industry, profiles of major coal producing companies and information on the key active, exploration and development projects by region.
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Global reserves of coal totaled 891.5 billion tones at the end of 2014, according to BP Statistical Review of World Energy. Of these, around 45.2% are bituminous grade and coking type, with sub-bituminous and lignite-graded coal accounting for the rest. A major part of global coal reserves are located in the US, followed by Russia, China, Australia, India and Germany, which collectively account for 76.9% of the global total. Globally, coal is mainly produced in six countries, with China, the US, India, Australia, Indonesia and Russia collectively accounting for 81.1% of global production in 2014.
The report contains an overview of the global coal mining industry together with the key demand drivers affecting the industry. Further, it provides information about reserves, historic and forecast production and consumption, reserves and production by country, grade and type, consumption by end-use sector, major exporting and importing countries, competitive landscape and key active, exploration and development projects.
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To gain an understanding of the global coal mining industry, the relevant demand drivers , reserves, historic and forecast production and consumption, trade (major exporting and importing countries), active, exploration and development projects and the competitive landscape.
Most of the global reserves are located in the US, which has 237.3 billion tonnes or a 26.6% share of the global total, followed by Russia (157 billion tonnes), China (114.5 billion tonnes), Australia (76.4 billion tonnes), India (60.6 billion tonnes) and Germany (40.5 billion tonnes). Other significant producers include Ukraine (33.8 billion tonnes), Kazakhstan (33.6 billion tonnes), South Africa (30.1 billion tonnes) and Indonesia (28.0 billion tonnes).
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Global thermal and coking coal prices; declined by 23% and 26% respectively in 2014 over the previous year. The CFR price of low volatile hard coking coal averaged US$126 per tonne in 2014, down by 22% over 2013, due to oversupply and deteriorating demand in China.
Although coal has played a significant role in the global electricity sector so far, the fossil fuel is gradually losing its significance and its consumption is expected to decline in the long term with natural gas and renewable sources playing an increasing role.