Wednesday, 5 May 2021, 5:45 am
Following a turbulent year that saw a significant drop in
production, the coal industry expected to initiate a
recovery in 2021.
According to the research data
analyzed and published by Stock Apps,
global coal production fell by 2% in 2020. In 2021, it is
projected to increase by 3.5% reaching 8 billion tons (bnt).
Output will grow at a compound annual growth rate (CAGR) of
2.5% in the period between 2021 and 2025 raising total
production to 8.8 bnt.
In 2020, production at the top
ten mining companies fell by 4.2% from 1.7 bnt in 2019 to
1.63 bnt. Based on a recent GlobalData report, it will rise
by up to 6.6% in 2021, reaching between 1.68 bnt and 1.74
Community Scoop » Full Global Transition To Electric Vehicles To Cost Investors $2 5 Trillion Over 10 Years
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Community Scoop » 2021 » April
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Thursday, 18 March 2021, 7:51 am
The ongoing COVID-19 pandemic and the social distancing
rules forced millions of people worldwide to change their
daily routine, including how they travel or use mobility
services.
According to data gathered by Finaria.it, global
mobility services revenues halved amid the COVID-19 pandemic
falling to $520bn in 2020. The entire market is expected to
witness a recovery, with revenues rising by almost 62% YoY
to almost $842bn in 2021, still $141bn less than in
2017.
Flight and Taxi Revenues Still $200B Below
Pre-COVID-19 Levels
The mobility services market
includes flights, ride-hailing, taxi services, long-distance
bus travel and train tickets, car rental hires, and