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Miners of coking coal in Australia are caught between surging demand from India and a royalty tax system, writes ROI's @ClydeCommods
The World’s Biggest Mineral Fuel Producers in Million Metric Tons: 1. 🇨🇳 China: 4,812.6 2. 🇺🇸 United States: 2,277.2 3. 🇷🇺 Russia: 1,459.0 4. 🇮🇳 India: 1,142.8 5. 🇮🇩 Indonesia: 921.4 6. 🇦🇺 Australia: 614.6 7. 🇸🇦 Saudi Arabia: 594.2 8. 🇨🇦 Canada: 489.9 9. 🇮🇷 Iran: 457.1 10. 🇿🇦 South Africa: 234.0 11. 🇦🇪 UAE: 228.9 12. 🇮🇶 Iraq: 225.2 13. 🇰🇿 Kazakhstan: 224.2 14. 🇶🇦 Qatar: 211.8 15. 🇧🇷 Brazil: 196.6 16. 🇳🇴 Norway: 196.0 17. 🇰🇼 Kuwait: 154.8 18. 🇩🇿 Algeria: 146.8 19. 🇲🇽 Mexico: 119.2 20. 🇳🇬 Nigeria: 114.8 21. 🇨🇴 Colombia: 107.0 22. 🇲🇳 Mongolia: 104.4 23. 🇩🇪 Germany: 97.5 24. 🇵🇱 Poland: 89.3 25. 🇲🇾 Malaysia: 89.3 Mineral fuel: Steam coal, coking coal, lignite, petroleum, gas, uranium. Source: Austrian Ministry of Finance, mineral fuel production by country in 2024
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