China Coal Mining Industry 2014 Demand, Size, Growth and Forecast to 2020
Deerfield Beach, FL -- (SBWIRE) -- 12/07/2015 -- Timetric's 'Coal Mining in China to 2020' report comprehensively covers the country's coal reserves and historic and forecast data on coal production to 2020. The report also includes historic and forecast production by grade and type to 2020, coal prices, historic and forecast coal consumption and consumption split by type to 2020, imports (split by type) to 2020, imports by country, demand drivers, competitive landscape, information on the active, exploration and development projects and regulations governing the industry.
The fiscal regime section provides information about the country's regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country. It is an essential tool for companies active across the Chinese mining value chain, and for new competitors considering entering the industry.
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In terms of coal reserves, China had globally the third largest proven reserves of coal at 114.5 billion tonnes (Bnt), or 12.8% of the global total in 2014. Inner Mongolia and Shanxi are the two largest provinces for coal, although Shaanxi, Xinjiang and Guizhou also have reserves.
The report contains an overview of the coal mining industry in China together with the key demand drivers affecting the industry. Further, it provides information about reserves, historic and forecast production and consumption to 2020, production by grade and type, consumption by type, coal imports by type, competitive landscape, fiscal regime and key active, exploration and development projects.
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To gain an understanding of the coal mining industry in China, its reserves, historic and forecast production split by grade and type to 2020, consumption also split by type to 2020, coal imports and by type to 2020, competitive landscape, fiscal regime and key active, exploration and development projects.
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- Chinese coal production increased rapidly from 1,383.5 million tonnes (Mt) in 2000 to 3,680Mt in 2013, ranking third globally. However production decreased for the first time in 2014 to an estimated 3,590Mt, down by 2.4% over the previous year.
- China had the third largest proven reserves of coal globally, at 114.5Bnt at the end of 2014. Anthracite and bituminous accounted for 62.2Bnt followed by sub-bituminous and lignite at 52.3Bnt.
- According to the Chinese National Bureau of Statistics, the majority of the reserves are found in the northern provinces of Inner Mongolia and Shanxi while other provinces with reserves include Shaanxi, Xinjiang and Guizhou.
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