Coal mining refers to the process of extraction of coal from underground mines or from ground surface. Coal has been a major energy resource since long and still finds wide applications in thermal power generation, cement manufacturing, and steel manufacturing. Coal mining today has upgraded and become more productive than ever due to technological advancements in the mining techniques. The coal mining market is anticipated to grow in the forecast period owing to driving factors such as demands for coal from various industries where it is utilized in power generation, steel production and as fluid fuel. However, impacts of coal mining on environment and workers and related governmental regulations hamper the growth of the coal mining market. Also, illegal possession and frauds negatively impact the coal mining market. On the other hand, emergence of new coalmine sites and innovations in mining technique represent significant growth opportunities for coal mining market and major market players involved in coal mining industry during the forecast period.
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Top Key Major Players:-
1. Anglo American
2. Arch Coal, Inc
3. BHP
4. CHINA SHENHUA
5. CIL
6. Cloud Peak Energy
7. CONSOL Energy Inc.
8. Freeport-McMoRan
9. Glencore
10. Peabody Energy, Inc.