Black Coal Mining in Australia Industry Market Research Report Now Updated by IBISWorld

Melbourne, Australia (PRWEB) June 07, 2013

Australia is a major global coal producer and the biggest exporter of seaborne coal. The Black Coal Mining industry in Australia is expected to generate revenue of $ 59.4 billion in 2012-13, yielding annualised revenue growth of 9.5% compared with five years earlier. According to IBISWorld industry analyst Suzannah Rowley, this strong growth has occurred due to higher annual coal prices and growing production over the past five years. These factors have also contributed to an increase in industry profitability over the period. However, industry revenue is expected to fall in 2012-13 as lower coal prices more than offset higher output and export volumes.

The main barriers to performance over the past five years have been disrupted production due to prolonged industrial disputes and adverse weather conditions during 2010-11. These events caused some of the major companies to declare force majeure on coal exports from several Queensland mines. Added to this has been the introduction of the carbon tax and the Minerals Resource Rent Tax, which were expected to cause widespread job losses across the Mining division. However, neither of these taxes have yet had a significant effect on the industry, says Rowley. The Black Coal Mining industry is subject to a medium level of market share concentration, with six major players: BHP Billiton Limited, Mitsubishi Development Pty Ltd, Rio Tinto Plc – Rio Tinto Limited, Xstrata Coal Investments Australia Pty Limited, Anglo American Australia Limited and Peabody Energy Australia Pty Ltd.

The industry is expected to continue performing well over the next five years. The main driver of growth over this period will be improving global economic conditions, which will support demand for coal and Australian coal exports. However, ample coal supplies and strong competition from natural gas electricity generation will constrain coal prices. Profit is expected to grow more slowly than revenue, as the benefits flowing from economies of scale are outweighed by rising wage and fuel costs and new taxes.

For more information, visit IBISWorlds Black Coal Mining report in Australia industry page.

Follow IBISWorld on Twitter:!/ibisworldau

IBISWorld industry Report Key Topics

Firms in this industry mine black coal for either domestic use or export. Mining includes the extraction of the coal, together with associated activities such as coal washing.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

International Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Basis of Competition

Barriers to Entry

Industry Globalisation

Major Companies

Operating Conditions

Capital Intensity

Technology & Systems

Revenue Volatility

Regulation & Policy

Industry Assistance

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognised as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit or call (03) 9655 3886.

Related Natural Gas Press Releases

Tags: , , , , , , , , ,

Comments are closed.

Spanish Crisis Triggers Real Estate Price Collapse

Baltimore, MD (PRWEB) June 29, 2012 A move by Spanish banks to offload the build-up of foreclosed properties on their [...]

Self Storage Provider Coronado Mobile Storage Joins Forces with LAD Solutions in Promoting Storage Containers as Mobile Offices

San Diego, CA (PRWEB) July 03, 2012 With the collapse in real estate prices and explosive growth in home foreclosures [...]


Real Estate Prices LOFTS DOWNTOWN LOS ANGELES FOR SALE AND LEASE RENTALS. LA loft prices and market report Corey Chambers, [...]

Mortgage Rates Drop to New Record Lows Influencing Increase In Refinancing and Home Building Activity According to

Wilmington, NC (PRWEB) July 24, 2012 Mortgage rates have reached a new historical low point for 30 year fixed, 15 [...]

NFIB Stated Confidence in Small Business Takes a Steep Drop XSM Services aimed to Restore Faith

Denver, Colorado (PRWEB) January 30, 2013 After the recession took its toll on the U.S. economy, the fiscal cliff and [...]

Junior State of America Releases Winter 2013 Edition of Student-Run Magazine, The Junior Statement

Washington, DC (PRWEB) January 31, 2013 The Junior State of America (JSA) today released the Winter 2013 Edition of The [...]