Number of employees in the coal mining industry Australia FY 2012-2023
Employment in the coal mining industry in Australia has fluctuated in recent times, standing at around 42.5 thousand as of June 2023. The mining industry has traditionally been a dominant contributor to the Australian economy. In recent times, however, coal mining has faced criticism from environmental groups due to combustion emissions.
Australian coal market
The gross value added by the coal mining industry amounted to almost 47 billion Australian dollars in 2020. Royalties and taxes collected by the Australian government from this industry currently make a significant contribution to the livelihood of Australians.
Australia has become one of the largest producers as well as net exporters of coal in the world. While the production volume of coal is high, most of the coal produced in the country is exported. Its major export markets include Japan, China, South Korea, and India.
Is the industry cooling?
While coal is the primary fossil fuel used in energy generation in Australia, renewable energy sources are becoming more popular across the country. Public support for coal-fired power stations has been dwindling. Recently, an Australian judge has ruled against the establishment of a new coal mine due to its potential impact on the environment. Consumption of Australian coal has been declining over the past decade, as newer, cleaner forms of energy are becoming more readily available.