DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/3p6v5h/coal_mining) has announced the addition of the "Coal Mining" report to their offering.
The US coal mining industry includes about 650 mining companies and about 250 exploration and mining support companies with combined annual revenue of about $39 billion. Major US companies include Alpha Natural Resources, Arch Coal, CONSOL Energy, and Peabody Energy. The US industry is concentrated: the top four companies account for about half of sales. About 1 billion short tons of coal are produced annually in the US, according to the Energy Information Administration.
Globally, the coal mining industry produces about 7.7 billion short tons of coal annually, accounting for about 27 percent of total energy consumption. The largest coal producers are China, the US, India, and Australia. Major coal mining companies outside the US include BHP Billiton (dually headquartered in the UK and Australia); Xstrata (headquartered in Switzerland); Anglo American (UK); ShenHua Group and Yankuang Group (China); and Coal India (India).
Demand comes mainly from generators of electricity. Profitability depends on efficient operations, as coal is a commodity sold on the basis of price. Big companies have significant economies of scale in production and distribution. Small companies can compete if they hold long-term contracts or if they supply local customers. The coal mining industry is capital-intensive: average annual revenue per employee is about $440,000.
Key Topics Covered:
Quarterly Industry Update
Call Preparation Questions
Web Links and Acronyms
For more information visit http://www.researchandmarkets.com/research/3p6v5h/coal_mining
Source: Research and Markets