Best answer
$50-billion-a-year
People also ask
What is the average price of coal in the US?
The electric power sector accounted for about 91.4% of the total U.S. coal consumed in 2020. The average sales price of bituminous coal was $50.05 per short ton, a 15.1% decrease from the 2019 level. The average sales price of subbituminous coal was $14.43 per short ton, a 3.0% increase from the 2019 level.
How much money does the coal mining industry make in Australia?
In the 2020 financial year, the total income of the coal mining industry in Australia amounted to approximately 73.28 billion Australian dollars. This reflected a significant decrease from fiscal year 2019, which marked the highest value recorded during the reported period.
What is the value of Australia’s coal exports?
For most of the past decade, coal has been Australia’s second largest resource export, after iron ore, and since 2015 has averaged around one-quarter of annual resource export values and 14 per cent of total export values (Graph 2). In 2018, the value of coal exports was $67 billion, equivalent to 3 per cent of nominal GDP.
How much is a ton of coal worth?
The average annual sale prices of coal at mines by main rank of coal in 2018, in dollars per short ton (2,000 pounds) bituminous $59.43. subbituminous $13.64. lignite $20.21. anthracite $99.97.
