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Coal Mining in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Coal Mining in Canada Market Research Report | NAICS 21211CA | Apr 2014

Burned out: Natural gas expansion and slowing export demand will eat into demand for coal

IBISWorld’s Coal Mining market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
1.0%
Annual Growth 14-19
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Profit
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Employment
7,409
Businesses
26
Industry Analysis & Industry Trends

Coal miners have experienced only slight declines over the past five years. Strong demand from steel production abroad and moderate increases in electricity demand have pushed coal prices up, boosting industry performance. Over the next five years, the industry is expected to perform steadily; however, while coal prices will increase over the period, economic growth in emerging economies (e.g. China) is expected to slow, hampering industry revenue somewhat... purchase to read more

Industry Report - Industry Investment Chapter

The Coal Mining industry is highly capital intensive, with most of its assets held in the form of land holdings, stocks and equipment. IBISWorld estimates that for every dollar spent on labour, $1.36 is spent on capital. Establishing a new mine or expanding an existing one require large amounts of capital for site development and acquiring specialized equipment. Ongoing investment requirements largely depend on coal prices. If coal prices are too low, then an operator might reduce production, as it might be uneconomical to extract coal from the mine at a cost that might surpass the expected market price... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Coal Mining Industry?

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.

Industry Products
Thermal coalMetallurgical coal
 
Industry Activities
Bituminous coal and lignite surface miningBituminous coal and lignite underground miningAnthracite mining


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