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Home / Commodities / Commodity News / Coal production from top ten mining companies expected to increase by up to 6.6% in 2021, says GlobalData
Coal production from top ten mining companies expected to increase by up to 6.6% in 2021, says GlobalData
Coal production from the top ten mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%), according to GlobalData, a leading data and analytics company.
GlobalData expects production from the top ten companies to be between 1,683-1,740Mt in 2021, which is an increase of up to 6.6% compared with the collective output in 2020 (1,633Mt). Operating activities, backed by the rollout of vaccine and strict COVID-19 protocols on-site, returning t
12:36 pm UTC Apr. 12, 2021
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Coal output from top 10 miners to increase by up to 6.6% in 2021 – report
Mt Arthur coal operation in Australia. Image courtesy of BHP Group
Coal production from the world’s top 10 mining companies (Coal India, China Shenhua, Yanzhou Coal, Peabody, China National Coal, Glencore, Siberian Coal, PT Bumi, BHP and Arch Resources) is expected to be between 1,683-1,740Mt in 2021, representing an increase of up to 6.6% compared to last year, a report by UK-based analytics firm GlobalData finds.
This represents a recovery in coal production after a turbulent year, where output from the top 10 companies fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020, which is a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%).
After a 4.2% decline in 2020, coal production from the top 10 companies is expected to increase by up to 6.6% in 2021, says GlobalData
GlobalData 8 April 2021 (Last Updated April 8th, 2021 09:42)
Coal production from the top ten companies fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020 – a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%).
Credit: Dominik Vanyi on Unsplash.
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Coal production from the top ten companies fell from a collective 1,704Mt in 2019 to 1,633Mt in 2020 – a 4.2% decline. The most significant declines were observed from Arch Resources (28.6%), PT Bumi (24.9%), Glencore (23.9%), and Peabody (21.8%).
Production from Arch Resources (formerly Arch Coal) declined primarily due to the sale of the Holden #22 Surface mine in December 2019 coupled with weak economic conditions durin