Coal Mining in Canada
Operators in the Coal Mining industry have been struggling over the five years to 2018, with industry revenue declining. Weakening demand from steel production abroad and abundant natural gas supplies have pushed coal prices down, hampering industry performance. The industry is expected to continue declining over the five years to 2023. Coal prices are expected to decrease during the period and slowing economic growth in major global markets (e.g. China) is expected to constrain demand.
This industry mines bituminous, anthracite and lignite varieties of coal. Mining occurs underground and in surface pits. Industry operators 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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