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Explore the latest trends and actionable insights on the US Coal Mining market to inform business strategy and pinpoint opportunities and risks

Coal production in the US to recover in 2021, but will decline in the medium term with gradual closure of mines

Industry: Semiconductors
Current: Market Sizing & Shares

The US was the fifth-largest coal producer in the world, with 489.2 million tonnes (Mt), in 2020. Production declined by 23.7% in 2020 over the previous year, registering the third consecutive decline since 2017. The decline was majorly driven by production cutbacks by major coal producers, amidst the COVID-19 induced economic downturn
On 30 March 2020, Coronado Global Resources, a notable coal mining company in the US, announced it would be suspending mining operations at its coal mines including Buchanan, Logan, and Greenbrier mines, due to the COVID-19 outbreak, later resumed operations in June that year
Looking ahead, coal production in the country is expected to recover in 2021, mostly due to rising natural gas prices amid a drop in production, but over the forecast period (2021–2025), the US coal mine production is expected to decline, with coal output affected by the gradual closure of mines

Coal production in the US to recover in 2021, but will decline in the medium term with gradual closure of mines

Explore the latest trends and actionable insights on the US Coal Mining market to inform business strategy and pinpoint opportunities and risks Explore the latest trends and actionable insights on the US Coal Mining market to inform business strategy and pinpoint opportunities and risks Visit Report Store