$103.9bn
$XX.Xbn
37,009
173
$X.Xbn
Coal is a key input in steelmaking and energy generation. Although coal deposits are found all over the world, Australia is one of the world's lowest cost producers and a major coal exporter. Domestic reserves exceed domestic demand, are high grade and economical to access. As a result, exports account for a large share of coal mining revenue. Imports are negligible, as local production is higher than domestic demand for coal. Black coal mining accounts for most activity, with some brown coal used domestically for electricity generation in Victoria.
Industry revenue has grown at a CAGR of 2.2 % over the past five years, to reach an estimated $103.9bn in 2023.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 |
---|---|---|
Glencore | 17,600.0 | |
BHP | 11,430.0 | |
Yancoal Australia | 7,950.0 |
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Industry revenue is measured across several distinct product and services lines, including Metallurgical coal, Thermal coal and Brown coal. Metallurgical coal is the largest segment of the Coal Mining in Australia.
Global supply disruptions pushed thermal coal prices to record highs
Industry firms primarily mine coal using open-cut and underground mining methods. Mining operations include extracting coal and any associated activities such as washing and crushing coal. Brown coal mining is included in this industry.
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ANZSIC 0600 - Coal Mining in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Supply disruptions in global energy markets sent the value of coal exports soaring. The Russia-Ukraine conflict increased competition for energy commodities as buyers secured...
Learn about an industry's products and services, markets and trends in international trade.
Soaring thermal coal prices saw the value of thermal coal exports briefly overtake metallurgical coal exports. Global energy markets are still adjusting to volatility caused ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Queensland is home to significant metallurgical coal resources. The state’s new royalty tiers may create additional barriers to new mine development in the state.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition from renewable energy sources is on the rise. Global efforts to transition towards a lower emission economy represent a threat to coal producers going forwards.
Learn about the performance of the top companies in the industry.
Coal miners have seen soaring coal prices drive revenue and profit margins higher. However, tight labour market conditions have made it difficult to ramp up production to tak...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Russia-Ukraine conflict sent shockwaves through global energy markets and sent coal prices soaring. Coal miners benefited from high prices and strong export demand, altho...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Coal mining profit margins have benefited from higher prices. Coal prices rose sharply as global energy markets faced supply disruptions, although prices are set to fall in 2...
Including values and annual change:
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Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Coal Mining industry in Australia is $103.9bn in 2024.
There are 173 businesses in the Coal Mining industry in Australia, which has declined at a CAGR of 1.8 % between 2018 and 2023.
The market size of the Coal Mining industry in Australia has been growing at a CAGR of 2.2 % between 2018 and 2023.
Over the next five years, the Coal Mining industry in Australia is expected to decline.
The biggest companies operating in the Coal Mining market in Australia are Glencore, BHP and Yancoal Australia
Metallurgical coal and Thermal coal are part of the Coal Mining industry.
The company holding the most market share in Australia is Glencore.
The level of competition is high and steady in the Coal Mining industry in Australia.