how much is the coal industry worth

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.

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