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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 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
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 - 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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