Thermal Coal

Backpalm Trading LLC has a strong foothold in the coal industry with its long-term supply agreements in Indonesia and Southeast Asia. These two countries are significant producers of coal and have invested in the exploration of their coal resources.

 

• Indonesia is the world's third-largest coal producer, and its production has been steadily increasing over the years. In 2020, Indonesia produced 562.5 million tons of coal.

• Australia is the world's fourth-largest coal producer, and it produced 476.7 million tons of coal in 2020.

• The total global production of coal in 2019 was 7.9 billion tons, according to IEA estimates.

• The majority of the coal produced globally is thermal coal and lignite, which together account for around 86% of the total production. The rest is metallurgical coal.

• According to Global Data, the production of coal is expected to see a Compound Annual Growth Rate (CAGR) of 2.3% between 2021-2025, indicating that the demand for coal remains strong in the coming years.

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As a leading coal supplier, Backpalm Trading LLC is committed to ensuring a stable supply of high-quality coal to meet the growing demand from various industries, including power generation, steel production, and cement manufacturing. With its reliable supply chain and expertise in the coal industry, Backpalm Trading LLC is well-positioned to meet the evolving needs of its customers while maintaining its commitment to sustainability and environmental responsibility.