Annual Report 2010 - Verein der Kohlenimporteure eV

The current estimates of hard coal reserves, based
on what is known about worldwide economically
recoverable reserves (see table), are in the range
tonnes of coal equivalent. This latest estimate comes
and Natural Resources (BGR – Bundesanstalt für
Geowissenschaften und Rohstoffe).
billion tonnes. The ratio between resources and reserves
since the previous BGR estimate (21:1), because the
volume of resources has risen dramatically. The world’s
coal resources are nowhere near as well documented as
oil and gas resources.
Reserves and Output of Hard Coal by Region
Reserves as
at End 2009
Output 2009
Region Gt % Mt %
Europe 18 2.5 140 2.3
CIS 123 17.0 401 6.7
Africa 30 4,2 254 4.2
North America 232 32.1 969 16.1
South America 9 1,2 77 1.3
PR China 181 25.0 2,930 48.8
India 72 10.0 532 8.9
Indonesia / Vietnam 9 1.2 296 4.9
Australia / New Zealand 45 6.2 352 5.9
Others 4 0.6 55 0.9
Total
HT-W7
723 100 6,006 100
Source: Bundesanstalt für Geowissenschaften und Rohstoffe,
Kurzstudie “Reserven, Ressourcen und Verfügbarkeit von Energierohstoffen
2010” – Federal Institute for Geosciences and Natural
Resources, Brief Study “Reserves, Resources and Availability of
Energy Raw Materials 2010”
Coal reserves currently have a remaining life of
approximately 120 years based on an output of 6.1
billion tonnes using 2009 data. Hard coal has a share
of approximately 53% of the total energy reserves of
approximately 1,360 billion tonnes of coal equivalent
including all fossil sources of energy and uranium. With
resources of 14,591 billion tonnes of coal equivalent,
19,332 billion tonnes of coal equivalent total.
Compared to hard coal, oil reserves (24% of total
reserves) are adequate for 40-45 years and gas reserves
for 60-65 years at current production levels.
World Hard Coal Market Expanding with
Growing Seaborne Trade
The world market for hard coal globally grew by 15%
in 2010, reflecting recovery from the world economic
crisis.
World coal trade developed as follows:
World Coal Trade
2008 2009 2010
Change
2009/2010
Mt Mt Mt Mt %
Seaborne Trade 839 859 963 + 104 + 10.7
Overland 91 57 90 + 33 + 57.9
Total
HT-W8
930 916 1,053 + 137 + 15.0
The world market for hard coal was therefore stable
in 2010. Because of economic recovery in the steel
industry of OECD countries, seaborne trade included
a distinct increase of coking coal exports. The market
for steam coal also continued to grow. Overland trade
increased sharply, by approximately 33 million tonnes.
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