Australia is a major global coal producer and the biggest exporter of seaborne coal. The Black Coal Mining industry is expected to generate revenue of $59.7 billion in 2012-13, compared with $37.9 billion five years earlier, yielding annualised revenue growth of 9.5%. However, industry revenue is expected to fall by 4.0% in 2012-13, as much lower coal prices more than offset the favourable effect on revenue of higher output and export volumes. Weak global growth is leading to weak demand for goods and energy, in turn reducing prices for both coking coal and thermal coal.
Firms in this industry mine black coal for either domestic use or export. Mining includes the extraction of the coal, together with associated activities such as coal washing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.