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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 2016

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

IBISWorld’s Coal Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$5bn
Annual Growth 11-16
-14.0%
Annual Growth 16-21
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Profit
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Employment
5,747
Businesses
9
Industry Analysis & Industry Trends

Coal mining is a pillar of the Canadian economy, as the industry not only adds significantly to the national GDP, but it also drives the economic wellbeing of many regions and communities. As the domestic economy recovers from recession, demand for electricity has driven the country's appetite for coal-fuelled utilities. However, the growing preference for renewable and clean sources of energy threatens the industry. In the five years to 2021, the Coal Mining industry's performance is forecast to struggle due to the projected economic slowdown in BRIC countries. Although demand for steel and, therefore, metallurgical coal, from these countries is expected to remain high, this rate is unlikely to rival prerecessionary levels... purchase to read more

Industry Report - Starting a New Business Chapter

There are substantial barriers to entry into the Coal Mining industry, including the capital expenditure necessary to undertake exploration programs and fund mine development. Furthermore, obtaining the rights to operate at a mine that a competitor owns can also be difficult and require large royalties. The two largest players control most of the high-production mines in Canada, which further complicates conditions for new entrants, especially if they are small. Therefore, potential industry entrants are left to compete by operating at lower-grade mines, which have higher operating costs.

Another barrier to entry is the difficulty in acquiring permits and leases... 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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