The 2000-2005 World Outlook for Coal Mining
www.icongroupedition.com
Ó2002 Icon Group Ltd.
ii
COPYRIGHT NOTICE ISBN: 0-7576-5602-1
All of Icon Group Ltd. publications are copyrighted. Copying our publications in whole or in part, for whatever reason, is a violation of copyrights laws and can lead to penalties and fines. Should you want to copy tables, graphs or other materials from our publications, please contact us to request permission. Icon Group Ltd. often grants permission for very limited reproduction of our publications for internal use, press releases, and academic research. Such reproduction requires, however, confirmed permission from Icon Group Ltd. Please read the full copyright notice, disclaimer, and user agreement provisions at the end of this report.
IMPORTANT DISCLAIMER
Neither Icon Group Ltd. nor its employees can be held accountable for the use and subsequent actions of the user of the information provided in this publication. Great efforts have been made to ensure the accuracy of the data, but we can not guarantee, given the volume of information, accuracy. Since the information given in this report is forward-looking, the reader should read the disclaimer statement and user agreement provisions at the end of this report.
www.icongroupedition.com
Ó2002 Icon Group Ltd.
iii
About Icon Group Ltd. Icon Group Ltd.’s primary mission is to assist managers with their international information needs using forwardlooking economic analysis. Icon Group has field offices in San Diego, Paris, Singapore, Hong Kong and Lomé, Togo (West Africa). Icon Group has published hundreds of multi-client databases, and global/regional market data, industry and country publications. Global/Regional Management Studies. Summarizing over 210 countries, management studies are generally organized into regional volumes and cover key management functions. The human resource series covers minimum wages, child labor, unionization and collective bargaining. The international law series covers media control and censorship, search and seizure, and trial justice and punishment. The diversity management series covers a variety of environmental context drivers that effect global operations. These include women’s rights, children’s rights, discrimination/racism, and religious forces and risks. Global strategic planning studies cover economic risk assessments, political risk assessments, foreign direct investment strategy, intellectual property strategy, and export strategy. Financial management studies cover taxes and tariffs. Global marketing studies focus on target segments (e.g. seniors, children, women) and strategic marketing planning. Country Studies: Often managers need an in-depth, yet broad and up-to-date understanding of a country’s strategic market potential and situation before the first field trip or investment proposal. Covering over 190 countries, each study consists of forward-looking analysis, statistics, forecasts, and information of relevance to managers. The studies are continually updated to ensure that the reports have the most relevant information available. In addition to raw information, the reports provide relevant analyses which put a more general perspective on a country (seen in the context of relative performance vis-à-vis benchmarks). Industry & Trade Studies: Companies are racing to become more international, if not global in their strategies. For over 2000 product/industry categories, these reports give the reader a concise summary of latent market forecasts, pro-forma financials, import competition profiles, key references and trends across 200 countries of the world. Some reports focus on a particular product and region (up to four regions per product), while others focus on a product within a particular country. Intranet Subscriptions: Icon Group Ltd. now offers full intranet subscriptions which brings millions of dollars of high-end global market research to the manager’s personal computer. For more information, please contact Icon Group via our web site: www.icongroupedition.com, or please email:
[email protected]. In addition to these reports, Icon Group publishes similar studies for other product categories, issue areas, regions of the world, countries, cities and states (in the case of the United States). If you wish to receive a report that is customized or addressing a particular issue, feel free to contact Icon Group: Icon Group Customer Service 4370 La Jolla Village Drive, Fourth Floor San Diego, CA 92122 USA Tel: 858-546-4340 Fax: 858-546-4341 Email:
[email protected] URL: www.icongroupedition.com Note: as statements and statistics in this report are forward-looking, the reader needs to read the last chapter for disclaimers and user agreement provisions. www.icongroupedition.com
Ó2002 Icon Group Ltd.
Contents
iv
Table of Contents 1
INTRODUCTION
1.1 1.2 1.3 2
Overview Market Potential Estimation Methodology The Worldwide Market Potential for Coal mining
AFRICA: COAL MINING
2.1 2.2 2.3 2.4 2.5 2.6 2.7 2.8 2.9 2.10 2.11 2.12 2.13 2.14 2.15 2.16 2.17 2.18 2.19 2.20 2.21 2.22 2.23 2.24 2.25 2.26 2.27 2.28 2.29 2.30 2.31 2.32 2.33 2.34 2.35 2.36 2.37
Executive Summary Algeria Angola Benin Botswana Burkina Faso Burundi Cameroon Cape Verde Central African Republic Chad Comoros Congo (formerly Zaire) Djibouti Egypt Equatorial Guinea Eritrea Ethiopia Gabon Ghana Guinea Guinea-Bissau Ivory coast Kenya Lesotho Liberia Libya Madagascar Malawi Mali Mauritania Mauritius Morocco Mozambique Namibia Niger Nigeria
www.icongroupedition.com
9
9 9 11 12
12 14 14 15 15 16 16 17 17 18 18 19 19 20 20 21 21 22 22 23 23 24 24 25 25 26 26 27 27 28 28 29 29 30 30 31 31 Ó2002 Icon Group Ltd.
Contents
2.38 2.39 2.40 2.41 2.42 2.43 2.44 2.45 2.46 2.47 2.48 2.49 2.50 2.51 2.52 2.53 3
Republic of Congo Rwanda Sao Tome E Principe Senegal Sierra Leone Somalia South Africa Sudan Swaziland Tanzania The Gambia Togo Tunisia Uganda Zambia Zimbabwe
ASIA: COAL MINING
3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 3.11 3.12 3.13 3.14 3.15 3.16 3.17 3.18 3.19 3.20 3.21 3.22 3.23 3.24 3.25 3.26 3.27
Executive Summary Bangladesh Bhutan Brunei Burma Cambodia China Hong Kong India Indonesia Japan Laos Macau Malaysia Maldives Mongolia Nepal North Korea Papua New Guinea Philippines Seychelles Singapore South Korea Sri Lanka Taiwan Thailand Vietnam
www.icongroupedition.com
v
32 32 33 33 34 34 35 35 36 36 37 37 38 38 39 39 40
40 42 42 43 43 44 44 45 45 46 46 47 47 48 48 49 49 50 50 51 51 52 52 53 53 54 54 Ó2002 Icon Group Ltd.
Contents
4
EUROPE: COAL MINING
4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14 4.15 4.16 4.17 4.18 4.19 4.20 4.21 4.22 4.23 4.24 4.25 4.26 4.27 4.28 4.29 4.30 4.31 4.32 4.33 4.34 4.35 4.36 4.37 4.38 4.39 4.40 4.41 4.42 4.43
Executive Summary Albania Andorra Austria Belarus Belgium Bosnia and Herzegovina Bulgaria Croatia Cyprus Czech Republic Denmark Estonia Finland France Georgia Germany Greece Hungary Iceland Ireland Italy Kazakhstan Latvia Liechtenstein Lithuania Luxembourg Macedonia Malta Moldova Monaco Netherlands Norway Poland Portugal Romania Russia Serbia and Montenegro Slovakia Slovenia Spain Sweden Switzerland
www.icongroupedition.com
vi
55
55 57 57 58 58 59 59 60 60 61 61 62 62 63 63 64 64 65 65 66 66 67 67 68 68 69 69 70 70 71 71 72 72 73 73 74 74 75 75 76 76 77 77 Ó2002 Icon Group Ltd.
Contents
4.44 4.45 5
LATIN AMERICA: COAL MINING
5.1 5.2 5.3 5.4 5.5 5.6 5.7 5.8 5.9 5.10 5.11 5.12 5.13 5.14 5.15 5.16 5.17 5.18 5.19 5.20 5.21 6
Ukraine United Kingdom Executive Summary Argentina Belize Bolivia Brazil Chile Colombia Costa Rica Ecuador El Salvador Guatemala Guyana Honduras Mexico Nicaragua Panama Paraguay Peru Suriname Uruguay Venezuela
NORTH AMERICA & THE CARIBBEAN: COAL MINING
6.1 6.2 6.3 6.4 6.5 6.6 6.7 6.8 6.9 6.10 6.11 6.12 6.13 6.14 6.15 6.16 6.17 6.18
Executive Summary Antigua and Barbuda Bahamas Barbados Bermuda Canada Cuba Dominica Dominican Republic Grenada Haiti Jamaica Martinique Netherlands Antilles St. Kitts and Nevis St. Lucia St. Vincent and the Grenadines Trinidad and Tobago
www.icongroupedition.com
vii
78 78 79
79 80 81 81 82 82 83 83 84 84 85 85 86 86 87 87 88 88 89 89 90 91
91 93 93 94 94 95 95 96 96 97 97 98 98 99 99 100 100 101 Ó2002 Icon Group Ltd.
Contents
6.19 7
102
Executive Summary American Samoa Australia Fiji Kiribati Marshall Islands Micronesia Federation Nauru New Zealand Palau Solomon Islands Tonga Tuvalu Vanuatu
102 103 104 104 105 105 106 106 107 107 108 108 109 109
THE MIDDLE EAST: COAL MINING
8.1 8.2 8.3 8.4 8.5 8.6 8.7 8.8 8.9 8.10 8.11 8.12 8.13 8.14 8.15 8.16 8.17 8.18 8.19 8.20 8.21 8.22 8.23 9
101
OCEANA: COAL MINING
7.1 7.2 7.3 7.4 7.5 7.6 7.7 7.8 7.9 7.10 7.11 7.12 7.13 7.14 8
United States
110
Executive Summary Afghanistan Armenia Azerbaijan Bahrain Iran Iraq Israel Jordan Kuwait Kyrgyzstan Lebanon Oman Pakistan Qatar Saudi Arabia Syrian Arab Republic Tajikistan Turkey Turkmenistan United Arab Emirates Uzbekistan Yemen
110 112 112 113 113 114 114 115 115 116 116 117 117 118 118 119 119 120 120 121 121 122 122
DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS
9.1 9.2
Disclaimers & Safe Harbor Icon Group Ltd. User Agreement Provisions
www.icongroupedition.com
viii
123
123 124 Ó2002 Icon Group Ltd.
Coal Mining
9
1 INTRODUCTION 1.1 OVERVIEW The liberalization of markets has lead to record levels of international investments. Icon Group’s primary mission is to assist international managers to better plan and implement strategies in a global economy. It does so by providing various specialized industry reports, databases, publications and services to its clients. This report is one of many published by Icon Group Ltd. to assist executives and planners in monitoring and analyzing world markets. In addition to industry-specific studies, Icon Group Ltd.’s reports cover human resources management, export strategies, investment strategies, entry & marketing strategies, political and economic risk assessments and legal trends (e.g., intellectual property, licensing, and corruption). This report covers the world outlook for coal mining across 235 countries. For each year reported, the estimates are given for the latent demand for the country in question. Icon Group uses a number of proprietary econometric models which project economic changes within each country and across countries. From there, market potential estimates are created. The units used in this report are: US $ mln. As shown in the report, the market potential for coal mining is expected to reach $125,793.17 million by 2005. The distribution of the world market, however, will not be evenly distributed across regions. Europe will be the largest market with $46,031.43 million or 36.59 percent, followed by North America & the Caribbean with $34,192.33 million or 27.18 percent, and then Asia with $27,594.37 million or 21.94 percent of the world market. In essence, if a firm targets these top 3 regions, they cover come 85.71 percent of the world wide demand for coal mining.
1.2 MARKET POTENTIAL ESTIMATION METHODOLOGY Icon Group uses a number of methodologies to create market potential estimates for products and services across markets, whether at the level of a region, country, or city. In this report, two modelling approaches are used. The first involves modelling the economic fundamentals of each market over time. This is based on standard models of economic growth (e.g. focussing on growth of income, or gross domestic product per capita). The second approach is more subtle. The second approach involves collecting information on the market size or market potential for the particular product or service in question, typically in national currency, and translating these into a common currency. Icon Group uses the U.S. dollar as its common currency across markets. For some categories and markets, basic demand indicators are reported in national statistics, as is mostly the case for the United States and other developed markets. In most of the world’s 230 countries, however, few statistics are available. For these, Icon Group uses econometric models to estimate these markets, and forecast these over time. As true for all www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
10
forward-looking economic forecasts, certain critical assumptions must be made. Two types of assumptions are made for the models used in this report. The first type covers the socioeconomic and global environment. In essence, Icon Group assumes that dynamics seen in the past are likely to continue in the future, without major discontinuous changes. For example, if a city, country or region has not seen civil strife, major recessions, or substantial foreign exchange or currency changes, this is assumed to be the case over the forecast period. Likewise, the worldwide demand is foreseen to progress in a fashion similar to that seen in historical figures, based on aggregated data collected at the national level. The extent to which these assumptions are violated in the future will surely affect the accuracy of the forecasts presented here. The second type of assumption is of greater importance, especially for those markets where insufficient local information is reported in the public domain, or in markets where there is higher uncertainty. Here, we use cross-country econometric models of demand, often called a crosssectional pooled time series models with varying parameters. In simple terms, we assume an underlying consumption function that is allowed to vary over time and across geographic markets. Economists have long proposed various consumption functions. These include John Maynard Keynes, Simon Kuznets, Irving Fisher, Franco Modigliani, Albert Ando, Richard Brumberg, and Milton Friedman. Across these, and other authors, the consumption of a product (as opposed to the amount produced) is foreseen to vary depending on a number of local factors and the time frame that one considers (short-, medium- and long-run). In general, the variance of the market potential across markets is foreseen to be a function of variances in income, wealth, interest rates, expected future income, and a variety of exogenous factors, including geography and culture. Icon Group forecasts primarily rely on non-cultural economic factors in modelling cross-market demand, for a given product or service. We also model the market potential using a consumption function which assumes a constant average propensity to consume in the long run (i.e. as incomes rise, average consumption rates do not fall, as earlier argued by Keynes). Once the cross-market model of demand is specified, it is combined with the local economic models described above. As in all econometric exercises, the lack of local market figures in the public domain results in estimation errors. Furthermore, many intervening factors may arise over time that can materially affect the accuracy of the forecasts, including changes in local economic conditions, changes in political regimes, improvements in primary data, and currency fluctuations, among other factors. As the estimates and forecasts reported here are forwardlooking and subject to assumption-induced errors, you are asked to read the caveats and disclaimers at the end of this report.
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
11
1.3 THE WORLDWIDE MARKET POTENTIAL FOR COAL MINING Worldwide Market Potential for Coal mining (US $ mln): 2000 Region
Latent Demand US $ mln
% of Globe
_________________________________________________________________________________________________________
Europe North America & the Caribbean Asia Latin America Middle East Africa Oceana Total
42,306 31,842 24,951 6,191 6,070 2,546 1,717 115,624
36.6 27.5 21.6 5.4 5.2 2.2 1.5 100.0
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
Worldwide Market Potential for Coal mining (US $ mln): 2000
Asia
North America & the Caribbean
Latin America Other Europe
World Market for Coal mining: 1995 - 2005 Year
World Market US $ mln
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
116,424.77 115,968.49 115,861.26 115,750.90 115,662.33 115,843.57 117,539.09 119,527.44 121,564.90 123,652.96 125,793.17
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
12
2 AFRICA: COAL MINING 2.1
EXECUTIVE SUMMARY Market Potential for Coal mining in Africa (US $ mln): 2000
Country
Latent Demand US $ mln
% of Africa
596 308 222 174 157 137 78 76 61 57 53 53 52 38 37 36 35 33 32 29 20 19 18 17 16 192 2,546
23.23% 12.02% 8.64% 6.77% 6.12% 5.34% 3.03% 2.95% 2.36% 2.23% 2.06% 2.05% 2.01% 1.48% 1.43% 1.38% 1.35% 1.28% 1.24% 1.14% 0.79% 0.75% 0.69% 0.66% 0.62% 8.28% 100.00%
_________________________________________________________________________________________________________
South Africa Algeria Egypt Nigeria Libya Morocco Tunisia Cameroon Sudan Ivory coast Angola Kenya Congo (formerly Zaire) Tanzania Ghana Ethiopia Zimbabwe Senegal Uganda Gabon Botswana Zambia Burkina Faso Madagascar Guinea Other Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
13
Market Potential for Coal mining in Africa (US $ mln): 2000 Egypt
Nigeria
Algeria
Other South Africa
The Market for Coal mining in Africa: 1995 - 2005 Year
US $ mln
% of Globe
2,653.51 2,628.73 2,610.43 2,592.09 2,574.16 2,565.12 2,607.47 2,659.49 2,712.83 2,767.54 2,823.64
2.28 2.27 2.25 2.24 2.23 2.21 2.22 2.23 2.23 2.24 2.24
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
2.2
14
ALGERIA Coal mining (US $ mln): Algeria 1995 - 2005
Year
Algeria
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
325 321 317 314 310 308 314 322 330 338 346
12.24% 12.20% 12.15% 12.10% 12.05% 12.02% 12.05% 12.10% 12.15% 12.19% 12.24%
0.27% 0.27% 0.27% 0.27% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27% 0.27%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.3
ANGOLA Coal mining (US $ mln): Angola 1995 - 2005
Year
Angola
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
57 56 55 54 54 53 54 56 57 59 60
2.13% 2.11% 2.10% 2.09% 2.07% 2.06% 2.07% 2.09% 2.10% 2.11% 2.13%
0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
2.4
15
BENIN Coal mining (US $ mln): Benin 1995 - 2005
Year
Benin
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
13 13 12 12 12 12 12 12 13 13 14
0.48% 0.47% 0.47% 0.46% 0.45% 0.45% 0.45% 0.46% 0.47% 0.47% 0.48%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.5
BOTSWANA Coal mining (US $ mln): Botswana 1995 - 2005
Year
Botswana
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
20 20 20 20 20 20 21 21 21 21 22
0.76% 0.77% 0.77% 0.78% 0.79% 0.79% 0.79% 0.78% 0.77% 0.77% 0.76%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
2.6
16
BURKINA FASO Coal mining (US $ mln): Burkina Faso 1995 - 2005
Year
Burkina Faso
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
19 19 18 18 18 18 18 19 19 20 20
0.71% 0.70% 0.70% 0.70% 0.69% 0.69% 0.69% 0.70% 0.70% 0.70% 0.71%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.7
BURUNDI Coal mining (US $ mln): Burundi 1995 - 2005
Year
Burundi
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 7 7 7 7 7 7 7 7 7 7
0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25% 0.25%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
2.8
17
CAMEROON Coal mining (US $ mln): Cameroon 1995 - 2005
Year
Cameroon
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
77 76 76 76 76 76 77 78 79 80 82
2.89% 2.90% 2.92% 2.93% 2.94% 2.95% 2.94% 2.93% 2.92% 2.90% 2.89%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.9
CAPE VERDE Coal mining (US $ mln): Cape Verde 1995 - 2005
Year
Cape Verde
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
18
2.10 CENTRAL AFRICAN REPUBLIC Coal mining (US $ mln): Central African Republic 1995 - 2005 Year
Central African Republic
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 8 7 7 7 7 7 7 8 8 8
0.28% 0.28% 0.28% 0.28% 0.27% 0.27% 0.27% 0.28% 0.28% 0.28% 0.28%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.11 CHAD Coal mining (US $ mln): Chad 1995 - 2005 Year
Chad
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 8 7 7 7 7 7 8 8 8 8
0.29% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.28% 0.29%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
19
2.12 COMOROS Coal mining (US $ mln): Comoros 1995 - 2005 Year
Comoros
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.13 CONGO (FORMERLY ZAIRE) Coal mining (US $ mln): Congo (formerly Zaire) 1995 - 2005 Year
Congo (formerly Zaire)
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
47 48 49 50 51 52 52 51 51 51 50
1.78% 1.83% 1.87% 1.92% 1.97% 2.01% 1.97% 1.92% 1.88% 1.83% 1.78%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
20
2.14 DJIBOUTI Coal mining (US $ mln): Djibouti 1995 - 2005 Year
Djibouti
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
3 3 3 3 3 3 3 3 3 3 3
0.10% 0.10% 0.10% 0.10% 0.11% 0.11% 0.11% 0.10% 0.10% 0.10% 0.10%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.15 EGYPT Coal mining (US $ mln): Egypt 1995 - 2005 Year
Egypt
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
236 233 230 227 224 222 226 232 239 245 251
8.90% 8.85% 8.79% 8.74% 8.68% 8.64% 8.68% 8.74% 8.79% 8.85% 8.90%
0.20% 0.20% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
21
2.16 EQUATORIAL GUINEA Coal mining (US $ mln): Equatorial Guinea 1995 - 2005 Year
Equatorial Guinea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.17 ERITREA Coal mining (US $ mln): Eritrea 1995 - 2005 Year
Eritrea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 3 3
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
22
2.18 ETHIOPIA Coal mining (US $ mln): Ethiopia 1995 - 2005 Year
Ethiopia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
37 36 36 36 36 36 36 37 38 38 39
1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38% 1.38%
0.00% 0.03% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.19 GABON Coal mining (US $ mln): Gabon 1995 - 2005 Year
Gabon
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
30 30 30 30 29 29 30 30 31 31 32
1.12% 1.13% 1.13% 1.13% 1.14% 1.14% 1.14% 1.13% 1.13% 1.13% 1.12%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
23
2.20 GHANA Coal mining (US $ mln): Ghana 1995 - 2005 Year
Ghana
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
40 39 39 38 37 37 38 39 40 42 43
1.51% 1.50% 1.48% 1.46% 1.45% 1.43% 1.45% 1.46% 1.48% 1.50% 1.51%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.21 GUINEA Coal mining (US $ mln): Guinea 1995 - 2005 Year
Guinea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
17 17 17 16 16 16 16 17 17 18 18
0.64% 0.63% 0.63% 0.63% 0.62% 0.62% 0.62% 0.63% 0.63% 0.63% 0.64%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
24
2.22 GUINEA-BISSAU Coal mining (US $ mln): Guinea-Bissau 1995 - 2005 Year
Guinea-Bissau
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.23 IVORY COAST Coal mining (US $ mln): Ivory coast 1995 - 2005 Year
Ivory coast
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
63 61 60 59 58 57 59 61 63 65 67
2.35% 2.33% 2.30% 2.28% 2.25% 2.23% 2.25% 2.28% 2.30% 2.33% 2.35%
0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.05% 0.00% 0.00% 0.05%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
25
2.24 KENYA Coal mining (US $ mln): Kenya 1995 - 2005 Year
Kenya
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
58 57 55 54 53 53 54 56 58 59 61
2.17% 2.14% 2.12% 2.10% 2.07% 2.05% 2.07% 2.10% 2.12% 2.14% 2.17%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.25 LESOTHO Coal mining (US $ mln): Lesotho 1995 - 2005 Year
Lesotho
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 6 6 6 6 5 6 6 6 7 7
0.25% 0.24% 0.23% 0.22% 0.21% 0.21% 0.21% 0.22% 0.23% 0.24% 0.25%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
26
2.26 LIBERIA Coal mining (US $ mln): Liberia 1995 - 2005 Year
Liberia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
6 6 6 6 6 7 7 7 7 7 7
0.23% 0.24% 0.24% 0.24% 0.25% 0.25% 0.25% 0.24% 0.24% 0.24% 0.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.27 LIBYA Coal mining (US $ mln): Libya 1995 - 2005 Year
Libya
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
151 152 153 155 156 157 158 159 160 160 161
5.70% 5.79% 5.87% 5.96% 6.05% 6.12% 6.05% 5.97% 5.88% 5.79% 5.70%
0.12% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.12% 0.12%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
27
2.28 MADAGASCAR Coal mining (US $ mln): Madagascar 1995 - 2005 Year
Madagascar
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
18 17 17 17 17 17 17 18 18 18 19
0.66% 0.66% 0.66% 0.66% 0.66% 0.66% 0.66% 0.66% 0.66% 0.66% 0.66%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.29 MALAWI Coal mining (US $ mln): Malawi 1995 - 2005 Year
Malawi
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
13 12 12 11 11 11 11 12 12 13 13
0.47% 0.46% 0.45% 0.44% 0.42% 0.42% 0.42% 0.44% 0.45% 0.46% 0.47%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
28
2.30 MALI Coal mining (US $ mln): Mali 1995 - 2005 Year
Mali
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
16 16 16 15 15 15 16 16 16 16 17
0.59% 0.59% 0.59% 0.59% 0.59% 0.59% 0.59% 0.59% 0.59% 0.59% 0.59%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.31 MAURITANIA Coal mining (US $ mln): Mauritania 1995 - 2005 Year
Mauritania
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 7 6 6 6 6 6 7 7 7 7
0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
29
2.32 MAURITIUS Coal mining (US $ mln): Mauritius 1995 - 2005 Year
Mauritius
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
15 15 15 14 14 14 15 15 15 15 16
0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55% 0.55%
0.00% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.33 MOROCCO Coal mining (US $ mln): Morocco 1995 - 2005 Year
Morocco
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
126 128 130 133 135 137 137 136 136 135 135
4.75% 4.87% 4.99% 5.12% 5.24% 5.34% 5.24% 5.12% 5.00% 4.88% 4.76%
0.10% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.11% 0.10% 0.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
30
2.34 MOZAMBIQUE Coal mining (US $ mln): Mozambique 1995 - 2005 Year
Mozambique
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
9 9 9 9 9 9 9 9 9 9 9
0.33% 0.33% 0.34% 0.34% 0.35% 0.36% 0.35% 0.34% 0.34% 0.33% 0.33%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.35 NAMIBIA Coal mining (US $ mln): Namibia 1995 - 2005 Year
Namibia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
11 11 11 10 10 10 10 11 11 11 12
0.41% 0.40% 0.40% 0.39% 0.38% 0.38% 0.38% 0.39% 0.40% 0.40% 0.41%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
31
2.36 NIGER Coal mining (US $ mln): Niger 1995 - 2005 Year
Niger
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
16 16 15 15 15 14 15 15 16 16 17
0.60% 0.59% 0.58% 0.57% 0.56% 0.55% 0.56% 0.57% 0.58% 0.59% 0.60%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.37 NIGERIA Coal mining (US $ mln): Nigeria 1995 - 2005 Year
Nigeria
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
179 178 177 176 174 174 177 180 184 187 191
6.76% 6.76% 6.77% 6.77% 6.77% 6.77% 6.77% 6.77% 6.77% 6.76% 6.76%
0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15% 0.15%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
32
2.38 REPUBLIC OF CONGO Coal mining (US $ mln): Republic of Congo 1995 - 2005 Year
Republic of Congo
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
14 14 14 14 14 14 14 14 15 15 15
0.54% 0.54% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.54% 0.54%
0.00% 0.00% 0.00% 0.01% 0.00% 0.01% 0.01% 0.00% 0.01% 0.00% 0.01%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.39 RWANDA Coal mining (US $ mln): Rwanda 1995 - 2005 Year
Rwanda
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
12 12 12 12 12 13 13 13 13 13 13
0.44% 0.45% 0.46% 0.47% 0.48% 0.48% 0.48% 0.47% 0.46% 0.45% 0.44%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
33
2.40 SAO TOME E PRINCIPE Coal mining (US $ mln): Sao Tome E Principe 1995 - 2005 Year
Sao Tome E Principe
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.41 SENEGAL Coal mining (US $ mln): Senegal 1995 - 2005 Year
Senegal
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
36 35 34 34 33 33 34 35 36 37 38
1.34% 1.33% 1.31% 1.30% 1.29% 1.28% 1.29% 1.30% 1.31% 1.33% 1.34%
0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
34
2.42 SIERRA LEONE Coal mining (US $ mln): Sierra Leone 1995 - 2005 Year
Sierra Leone
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 7 7 7 7 7 7 7 7 7 7
0.25% 0.26% 0.26% 0.27% 0.27% 0.28% 0.27% 0.27% 0.26% 0.26% 0.25%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.43 SOMALIA Coal mining (US $ mln): Somalia 1995 - 2005 Year
Somalia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 8 8 8 8 8 8 8 8 8 8
0.29% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.30% 0.29%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
35
2.44 SOUTH AFRICA Coal mining (US $ mln): South Africa 1995 - 2005 Year
South Africa
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
625 618 612 606 600 596 607 621 636 650 665
23.56% 23.49% 23.43% 23.36% 23.29% 23.23% 23.29% 23.36% 23.42% 23.49% 23.55%
0.53% 0.53% 0.52% 0.52% 0.51% 0.51% 0.51% 0.51% 0.52% 0.52% 0.52%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.45 SUDAN Coal mining (US $ mln): Sudan 1995 - 2005 Year
Sudan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
59 59 60 60 60 61 61 62 62 62 63
2.22% 2.25% 2.28% 2.31% 2.34% 2.36% 2.34% 2.31% 2.28% 2.25% 2.22%
0.00% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
36
2.46 SWAZILAND Coal mining (US $ mln): Swaziland 1995 - 2005 Year
Swaziland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
5 5 5 5 5 5 5 5 5 5 6
0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19% 0.19%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.47 TANZANIA Coal mining (US $ mln): Tanzania 1995 - 2005 Year
Tanzania
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
39 39 39 39 38 38 39 40 40 41 42
1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48% 1.48%
0.00% 0.03% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
37
2.48 THE GAMBIA Coal mining (US $ mln): The Gambia 1995 - 2005 Year
The Gambia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00% 0.06% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.49 TOGO Coal mining (US $ mln): Togo 1995 - 2005 Year
Togo
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
10 9 9 9 9 9 9 9 10 10 10
0.36% 0.35% 0.35% 0.34% 0.34% 0.33% 0.34% 0.34% 0.35% 0.35% 0.36%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
38
2.50 TUNISIA Coal mining (US $ mln): Tunisia 1995 - 2005 Year
Tunisia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
84 82 81 80 79 78 80 82 84 87 89
3.15% 3.12% 3.10% 3.07% 3.05% 3.03% 3.05% 3.07% 3.10% 3.12% 3.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.51 UGANDA Coal mining (US $ mln): Uganda 1995 - 2005 Year
Uganda
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
36 35 34 33 32 32 33 34 35 37 38
1.35% 1.33% 1.30% 1.28% 1.26% 1.24% 1.26% 1.28% 1.30% 1.33% 1.35%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
39
2.52 ZAMBIA Coal mining (US $ mln): Zambia 1995 - 2005 Year
Zambia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
19 19 19 19 19 19 20 20 20 20 20
0.71% 0.72% 0.73% 0.74% 0.75% 0.75% 0.75% 0.74% 0.73% 0.72% 0.71%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
2.53 ZIMBABWE Coal mining (US $ mln): Zimbabwe 1995 - 2005 Year
Zimbabwe
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
33 33 34 34 34 35 35 35 35 35 35
1.24% 1.27% 1.29% 1.31% 1.33% 1.35% 1.33% 1.31% 1.29% 1.27% 1.24%
0.00% 0.00% 0.02% 0.00% 0.02% 0.00% 0.00% 0.02% 0.02% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
40
3 ASIA: COAL MINING 3.1
EXECUTIVE SUMMARY Market Potential for Coal mining in Asia (US $ mln): 2000
Country
Latent Demand US $ mln
% of Asia
15,370 2,407 1,663 1,409 992 642 538 395 291 281 221 193 156 123 89 42 41 20 20 19 14 14 7 2 2 1 24,951
61.59% 9.64% 6.66% 5.64% 3.97% 2.57% 2.15% 1.58% 1.16% 1.12% 0.88% 0.77% 0.62% 0.49% 0.35% 0.17% 0.16% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.48% 100.00%
_________________________________________________________________________________________________________
Japan China India South Korea Taiwan Indonesia Thailand Hong Kong Malaysia Philippines Singapore Burma North Korea Bangladesh Vietnam Sri Lanka Brunei Papua New Guinea Mongolia Nepal Cambodia Macau Laos Seychelles Bhutan Other Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
41
Market Potential for Coal mining in Asia (US $ mln): 2000 China India South Korea
Japan
Other
The Market for Coal mining in Asia: 1995 - 2005 Year
US $ mln
% of Globe
25,933.86 25,657.38 25,449.50 25,246.08 25,051.37 24,951.01 25,375.35 25,902.00 26,446.87 27,010.73 27,594.37
22.28 22.12 21.97 21.81 21.66 21.54 21.59 21.67 21.76 21.84 21.94
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
3.2
42
BANGLADESH Coal mining (US $ mln): Bangladesh 1995 - 2005
Year
Bangladesh
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
133 131 129 127 125 123 126 130 134 138 142
0.51% 0.50% 0.50% 0.50% 0.49% 0.49% 0.49% 0.50% 0.50% 0.50% 0.51%
0.11% 0.11% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.11% 0.11%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.3
BHUTAN Coal mining (US $ mln): Bhutan 1995 - 2005
Year
Bhutan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
3.4
43
BRUNEI Coal mining (US $ mln): Brunei 1995 - 2005
Year
Brunei
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
42 42 41 41 41 41 42 42 43 44 44
0.16% 0.16% 0.16% 0.16% 0.16% 0.16% 0.16% 0.16% 0.16% 0.16% 0.16%
0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.5
BURMA Coal mining (US $ mln): Burma 1995 - 2005
Year
Burma
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
216 211 206 201 196 193 198 206 214 222 230
0.83% 0.82% 0.80% 0.79% 0.78% 0.77% 0.78% 0.79% 0.80% 0.82% 0.83%
0.18% 0.18% 0.17% 0.17% 0.16% 0.16% 0.16% 0.17% 0.17% 0.17% 0.18%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
3.6
44
CAMBODIA Coal mining (US $ mln): Cambodia 1995 - 2005
Year
Cambodia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
16 15 15 15 14 14 15 15 16 16 17
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.01%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.7
CHINA Coal mining (US $ mln): China 1995 - 2005
Year
China
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2,851 2,746 2,650 2,558 2,468 2,407 2,500 2,623 2,752 2,887 3,029
10.99% 10.70% 10.41% 10.13% 9.85% 9.64% 9.85% 10.12% 10.40% 10.68% 10.97%
2.44% 2.36% 2.28% 2.20% 2.13% 2.07% 2.12% 2.19% 2.26% 2.33% 2.40%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
3.8
45
HONG KONG Coal mining (US $ mln): Hong Kong 1995 - 2005
Year
Hong Kong
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
431 422 415 407 400 395 405 418 431 445 459
1.66% 1.64% 1.63% 1.61% 1.59% 1.58% 1.59% 1.61% 1.62% 1.64% 1.66%
0.37% 0.36% 0.35% 0.35% 0.34% 0.34% 0.34% 0.34% 0.35% 0.35% 0.36%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.9
INDIA Coal mining (US $ mln): India 1995 - 2005
Year
India
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,829 1,789 1,754 1,719 1,685 1,663 1,707 1,763 1,822 1,882 1,945
7.05% 6.97% 6.89% 6.80% 6.72% 6.66% 6.72% 6.80% 6.88% 6.96% 7.04%
1.57% 1.54% 1.51% 1.48% 1.45% 1.43% 1.45% 1.47% 1.49% 1.52% 1.54%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
46
3.10 INDONESIA Coal mining (US $ mln): Indonesia 1995 - 2005 Year
Indonesia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
729 708 690 672 654 642 662 689 716 745 775
2.81% 2.76% 2.71% 2.66% 2.61% 2.57% 2.61% 2.65% 2.70% 2.75% 2.80%
0.62% 0.61% 0.59% 0.58% 0.56% 0.55% 0.56% 0.57% 0.58% 0.60% 0.61%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.11 JAPAN Coal mining (US $ mln): Japan 1995 - 2005 Year
Japan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
15,016 15,059 15,137 15,212 15,288 15,370 15,487 15,612 15,737 15,863 15,991
57.90% 58.69% 59.47% 60.25% 61.02% 61.59% 61.03% 60.27% 59.50% 58.73% 57.94%
12.89% 12.98% 13.06% 13.14% 13.21% 13.26% 13.17% 13.06% 12.94% 12.82% 12.71%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
47
3.12 LAOS Coal mining (US $ mln): Laos 1995 - 2005 Year
Laos
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 7 7 7 7 7 7 7 7 8 8
0.02% 0.00% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.13 MACAU Coal mining (US $ mln): Macau 1995 - 2005 Year
Macau
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
14 14 14 14 14 14 14 14 15 15 15
0.00% 0.00% 0.00% 0.05% 0.00% 0.00% 0.05% 0.00% 0.00% 0.00% 0.00%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
48
3.14 MALAYSIA Coal mining (US $ mln): Malaysia 1995 - 2005 Year
Malaysia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
343 330 319 308 298 291 302 316 332 347 364
1.32% 1.28% 1.25% 1.22% 1.18% 1.16% 1.18% 1.22% 1.25% 1.28% 1.31%
0.29% 0.28% 0.27% 0.26% 0.25% 0.25% 0.25% 0.26% 0.27% 0.28% 0.28%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.15 MALDIVES Coal mining (US $ mln): Maldives 1995 - 2005 Year
Maldives
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
49
3.16 MONGOLIA Coal mining (US $ mln): Mongolia 1995 - 2005 Year
Mongolia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
22 22 21 21 20 20 21 21 22 23 24
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.17 NEPAL Coal mining (US $ mln): Nepal 1995 - 2005 Year
Nepal
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
20 20 19 19 19 19 20 20 20 21 21
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
50
3.18 NORTH KOREA Coal mining (US $ mln): North Korea 1995 - 2005 Year
North Korea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
146 147 150 152 154 156 156 156 156 155 155
0.56% 0.57% 0.58% 0.60% 0.61% 0.62% 0.61% 0.60% 0.58% 0.57% 0.56%
0.12% 0.12% 0.12% 0.13% 0.13% 0.13% 0.13% 0.13% 0.12% 0.12% 0.12%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.19 PAPUA NEW GUINEA Coal mining (US $ mln): Papua New Guinea 1995 - 2005 Year
Papua New Guinea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
19 19 20 20 20 20 20 20 20 20 20
0.00% 0.00% 0.00% 0.07% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
51
3.20 PHILIPPINES Coal mining (US $ mln): Philippines 1995 - 2005 Year
Philippines
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
306 300 295 290 285 281 288 297 306 316 325
1.17% 1.16% 1.15% 1.14% 1.13% 1.12% 1.13% 1.14% 1.15% 1.16% 1.17%
0.26% 0.25% 0.25% 0.25% 0.24% 0.24% 0.24% 0.24% 0.25% 0.25% 0.25%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.21 SEYCHELLES Coal mining (US $ mln): Seychelles 1995 - 2005 Year
Seychelles
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
52
3.22 SINGAPORE Coal mining (US $ mln): Singapore 1995 - 2005 Year
Singapore
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
256 247 240 233 225 221 228 238 249 260 272
0.98% 0.96% 0.94% 0.92% 0.89% 0.88% 0.89% 0.92% 0.94% 0.96% 0.98%
0.21% 0.21% 0.20% 0.20% 0.19% 0.19% 0.19% 0.19% 0.20% 0.21% 0.21%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.23 SOUTH KOREA Coal mining (US $ mln): South Korea 1995 - 2005 Year
South Korea
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,661 1,601 1,547 1,494 1,444 1,409 1,462 1,532 1,606 1,684 1,765
6.40% 6.24% 6.07% 5.91% 5.76% 5.64% 5.76% 5.91% 6.07% 6.23% 6.39%
1.42% 1.38% 1.33% 1.29% 1.24% 1.21% 1.24% 1.28% 1.32% 1.36% 1.40%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
53
3.24 SRI LANKA Coal mining (US $ mln): Sri Lanka 1995 - 2005 Year
Sri Lanka
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
46 45 45 44 43 42 44 45 46 48 49
0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17% 0.17%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.25 TAIWAN Coal mining (US $ mln): Taiwan 1995 - 2005 Year
Taiwan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,100 1,074 1,051 1,029 1,007 992 1,019 1,055 1,092 1,130 1,169
4.24% 4.18% 4.12% 4.07% 4.01% 3.97% 4.01% 4.07% 4.12% 4.18% 4.23%
0.94% 0.92% 0.90% 0.88% 0.87% 0.85% 0.86% 0.88% 0.89% 0.91% 0.92%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
54
3.26 THAILAND Coal mining (US $ mln): Thailand 1995 - 2005 Year
Thailand
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
621 601 583 566 549 538 556 581 606 632 660
2.39% 2.34% 2.29% 2.24% 2.19% 2.15% 2.19% 2.24% 2.29% 2.34% 2.39%
0.53% 0.51% 0.50% 0.48% 0.47% 0.46% 0.47% 0.48% 0.49% 0.51% 0.52%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
3.27 VIETNAM Coal mining (US $ mln): Vietnam 1995 - 2005 Year
Vietnam
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
104 101 97 94 91 89 92 97 101 106 111
0.40% 0.39% 0.38% 0.37% 0.36% 0.35% 0.36% 0.37% 0.38% 0.39% 0.40%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
55
4 EUROPE: COAL MINING 4.1
EXECUTIVE SUMMARY Market Potential for Coal mining in Europe (US $ mln): 2000
Country
Latent Demand US $ mln
% of Europe
8,296 5,442 4,834 4,462 3,959 2,389 1,316 1,120 1,115 1,017 890 881 776 743 614 577 402 392 361 344 300 279 246 197 151 1,205 42,306
19.60% 12.85% 11.42% 10.54% 9.35% 5.64% 3.10% 2.64% 2.63% 2.40% 2.10% 2.08% 1.83% 1.75% 1.44% 1.36% 0.94% 0.92% 0.85% 0.81% 0.70% 0.65% 0.58% 0.46% 0.35% 3.01% 100.00%
_________________________________________________________________________________________________________
Germany France Italy United Kingdom Russia Spain Netherlands Ukraine Switzerland Sweden Belgium Norway Poland Austria Finland Denmark Portugal Greece Romania Czech Republic Kazakhstan Belarus Hungary Ireland Slovakia Other Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
56
Market Potential for Coal mining in Europe (US $ mln): 2000 Italy
United Kingdom
France
Germany
Other
The Market for Coal mining in Europe: 1995 - 2005 Year
US $ mln
% of Globe
43,250.89 42,960.09 42,772.58 42,581.90 42,395.58 42,327.07 42,945.19 43,691.52 44,454.40 45,234.24 46,031.43
37.15 37.04 36.92 36.79 36.65 36.54 36.54 36.55 36.57 36.58 36.59
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
4.2
57
ALBANIA Coal mining (US $ mln): Albania 1995 - 2005
Year
Albania
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
22 22 21 21 21 20 21 22 22 23 24
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.3
ANDORRA Coal mining (US $ mln): Andorra 1995 - 2005
Year
Andorra
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
4 4 4 4 4 4 4 4 4 4 4
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
4.4
58
AUSTRIA Coal mining (US $ mln): Austria 1995 - 2005
Year
Austria
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
763 757 753 749 744 743 754 768 782 797 812
1.76% 1.76% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.75% 1.76% 1.76%
0.65% 0.65% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64% 0.64%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.5
BELARUS Coal mining (US $ mln): Belarus 1995 - 2005
Year
Belarus
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
249 255 261 267 273 279 277 274 271 269 266
0.57% 0.59% 0.60% 0.62% 0.64% 0.65% 0.64% 0.62% 0.61% 0.59% 0.57%
0.21% 0.21% 0.22% 0.23% 0.23% 0.24% 0.23% 0.22% 0.22% 0.21% 0.21%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
4.6
59
BELGIUM Coal mining (US $ mln): Belgium 1995 - 2005
Year
Belgium
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
912 906 901 897 892 890 904 920 937 954 971
2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10% 2.10%
0.78% 0.78% 0.77% 0.77% 0.77% 0.76% 0.76% 0.76% 0.77% 0.77% 0.77%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.7
BOSNIA AND HERZEGOVINA Coal mining (US $ mln): Bosnia and Herzegovina 1995 - 2005
Year
Bosnia and Herzegovina
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
55 56 56 56 57 57 57 58 58 59 59
0.12% 0.12% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.12% 0.12%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
4.8
60
BULGARIA Coal mining (US $ mln): Bulgaria 1995 - 2005
Year
Bulgaria
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
153 152 151 151 150 149 152 155 157 160 163
0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35% 0.35%
0.13% 0.13% 0.13% 0.13% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.9
CROATIA Coal mining (US $ mln): Croatia 1995 - 2005
Year
Croatia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
141 140 140 140 140 140 142 144 146 148 150
0.32% 0.32% 0.32% 0.32% 0.33% 0.33% 0.33% 0.32% 0.32% 0.32% 0.32%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.11% 0.11% 0.11%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
61
4.10 CYPRUS Coal mining (US $ mln): Cyprus 1995 - 2005 Year
Cyprus
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
31 31 31 30 30 30 30 31 32 32 33
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.11 CZECH REPUBLIC Coal mining (US $ mln): Czech Republic 1995 - 2005 Year
Czech Republic
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
375 368 361 354 348 344 352 363 375 387 399
0.86% 0.85% 0.84% 0.83% 0.82% 0.81% 0.82% 0.83% 0.84% 0.85% 0.86%
0.32% 0.31% 0.31% 0.30% 0.30% 0.29% 0.29% 0.30% 0.30% 0.31% 0.31%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
62
4.12 DENMARK Coal mining (US $ mln): Denmark 1995 - 2005 Year
Denmark
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
602 596 591 585 580 577 587 600 614 627 641
1.39% 1.38% 1.38% 1.37% 1.36% 1.36% 1.36% 1.37% 1.38% 1.38% 1.39%
0.51% 0.51% 0.50% 0.50% 0.50% 0.49% 0.49% 0.50% 0.50% 0.50% 0.50%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.13 ESTONIA Coal mining (US $ mln): Estonia 1995 - 2005 Year
Estonia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
49 48 47 46 45 44 45 47 48 50 52
0.11% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.11% 0.11%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
63
4.14 FINLAND Coal mining (US $ mln): Finland 1995 - 2005 Year
Finland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
670 656 644 633 621 614 629 649 669 691 712
1.54% 1.52% 1.50% 1.48% 1.46% 1.44% 1.46% 1.48% 1.50% 1.52% 1.54%
0.57% 0.56% 0.55% 0.54% 0.53% 0.52% 0.53% 0.54% 0.55% 0.55% 0.56%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.15 FRANCE Coal mining (US $ mln): France 1995 - 2005 Year
France
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
5,589 5,547 5,517 5,487 5,456 5,442 5,527 5,629 5,734 5,840 5,948
12.92% 12.91% 12.89% 12.88% 12.86% 12.85% 12.86% 12.88% 12.89% 12.91% 12.92%
4.80% 4.78% 4.76% 4.73% 4.71% 4.69% 4.70% 4.70% 4.71% 4.72% 4.72%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
64
4.16 GEORGIA Coal mining (US $ mln): Georgia 1995 - 2005 Year
Georgia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
100 102 105 107 110 112 111 110 109 108 106
0.23% 0.23% 0.24% 0.25% 0.25% 0.26% 0.25% 0.25% 0.24% 0.23% 0.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.17 GERMANY Coal mining (US $ mln): Germany 1995 - 2005 Year
Germany
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8,400 8,361 8,341 8,320 8,299 8,296 8,406 8,537 8,670 8,804 8,941
19.42% 19.46% 19.50% 19.53% 19.57% 19.60% 19.57% 19.53% 19.50% 19.46% 19.42%
7.21% 7.20% 7.19% 7.18% 7.17% 7.16% 7.15% 7.14% 7.13% 7.12% 7.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
65
4.18 GREECE Coal mining (US $ mln): Greece 1995 - 2005 Year
Greece
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
396 395 394 393 392 392 398 403 410 416 422
0.91% 0.91% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.92% 0.91% 0.91%
0.34% 0.34% 0.34% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33% 0.33%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.19 HUNGARY Coal mining (US $ mln): Hungary 1995 - 2005 Year
Hungary
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
291 280 271 261 253 246 256 268 281 295 309
0.67% 0.65% 0.63% 0.61% 0.59% 0.58% 0.59% 0.61% 0.63% 0.65% 0.67%
0.24% 0.24% 0.23% 0.22% 0.21% 0.21% 0.21% 0.22% 0.23% 0.23% 0.24%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
66
4.20 ICELAND Coal mining (US $ mln): Iceland 1995 - 2005 Year
Iceland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
31 31 31 30 30 30 30 31 32 32 33
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.02% 0.02% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.21 IRELAND Coal mining (US $ mln): Ireland 1995 - 2005 Year
Ireland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
222 216 210 205 200 197 203 210 218 227 235
0.51% 0.50% 0.49% 0.48% 0.47% 0.46% 0.47% 0.48% 0.49% 0.50% 0.51%
0.19% 0.18% 0.18% 0.17% 0.17% 0.16% 0.17% 0.17% 0.17% 0.18% 0.18%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
67
4.22 ITALY Coal mining (US $ mln): Italy 1995 - 2005 Year
Italy
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
5,059 5,001 4,954 4,907 4,861 4,834 4,924 5,035 5,148 5,264 5,383
11.69% 11.63% 11.58% 11.52% 11.46% 11.42% 11.46% 11.52% 11.58% 11.63% 11.69%
4.34% 4.31% 4.27% 4.23% 4.20% 4.17% 4.18% 4.21% 4.23% 4.25% 4.27%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.23 KAZAKHSTAN Coal mining (US $ mln): Kazakhstan 1995 - 2005 Year
Kazakhstan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
271 276 282 288 294 300 298 296 293 291 289
0.62% 0.64% 0.65% 0.67% 0.69% 0.70% 0.69% 0.67% 0.66% 0.64% 0.62%
0.23% 0.23% 0.24% 0.24% 0.25% 0.25% 0.25% 0.24% 0.24% 0.23% 0.22%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
68
4.24 LATVIA Coal mining (US $ mln): Latvia 1995 - 2005 Year
Latvia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
75 76 76 77 78 78 79 79 79 80 80
0.17% 0.17% 0.17% 0.18% 0.18% 0.18% 0.18% 0.18% 0.17% 0.17% 0.17%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.06% 0.00% 0.06%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.25 LIECHTENSTEIN Coal mining (US $ mln): Liechtenstein 1995 - 2005 Year
Liechtenstein
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
4 4 4 4 4 4 4 4 4 4 4
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
69
4.26 LITHUANIA Coal mining (US $ mln): Lithuania 1995 - 2005 Year
Lithuania
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
99 99 100 100 100 100 101 102 103 105 106
0.22% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23% 0.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.27 LUXEMBOURG Coal mining (US $ mln): Luxembourg 1995 - 2005 Year
Luxembourg
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
56 56 56 55 55 55 55 57 58 59 60
0.13% 0.13% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.13% 0.13%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
70
4.28 MACEDONIA Coal mining (US $ mln): Macedonia 1995 - 2005 Year
Macedonia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
33 33 33 32 32 31 32 33 34 35 36
0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.29 MALTA Coal mining (US $ mln): Malta 1995 - 2005 Year
Malta
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
14 14 14 13 13 13 13 14 14 15 15
0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
71
4.30 MOLDOVA Coal mining (US $ mln): Moldova 1995 - 2005 Year
Moldova
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
76 77 78 78 79 80 80 81 81 81 81
0.17% 0.17% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.18% 0.17% 0.17%
0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.31 MONACO Coal mining (US $ mln): Monaco 1995 - 2005 Year
Monaco
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
72
4.32 NETHERLANDS Coal mining (US $ mln): Netherlands 1995 - 2005 Year
Netherlands
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,355 1,344 1,336 1,328 1,320 1,316 1,337 1,363 1,389 1,415 1,442
3.13% 3.12% 3.12% 3.11% 3.11% 3.10% 3.11% 3.11% 3.12% 3.12% 3.13%
1.16% 1.15% 1.15% 1.14% 1.14% 1.13% 1.13% 1.14% 1.14% 1.14% 1.14%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.33 NORWAY Coal mining (US $ mln): Norway 1995 - 2005 Year
Norway
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
951 934 919 904 890 881 902 928 955 982 1,011
2.19% 2.17% 2.14% 2.12% 2.09% 2.08% 2.09% 2.12% 2.14% 2.17% 2.19%
0.81% 0.80% 0.79% 0.78% 0.76% 0.76% 0.76% 0.77% 0.78% 0.79% 0.80%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
73
4.34 POLAND Coal mining (US $ mln): Poland 1995 - 2005 Year
Poland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
867 845 826 807 788 776 798 827 858 889 921
2.00% 1.96% 1.93% 1.89% 1.85% 1.83% 1.85% 1.89% 1.92% 1.96% 2.00%
0.74% 0.72% 0.71% 0.69% 0.68% 0.66% 0.67% 0.69% 0.70% 0.71% 0.73%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.35 PORTUGAL Coal mining (US $ mln): Portugal 1995 - 2005 Year
Portugal
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
416 412 409 406 403 402 408 417 425 434 443
0.96% 0.95% 0.95% 0.95% 0.95% 0.94% 0.95% 0.95% 0.95% 0.95% 0.96%
0.35% 0.35% 0.35% 0.35% 0.34% 0.34% 0.34% 0.34% 0.34% 0.35% 0.35%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
74
4.36 ROMANIA Coal mining (US $ mln): Romania 1995 - 2005 Year
Romania
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
396 388 380 373 366 361 370 382 395 408 421
0.91% 0.90% 0.88% 0.87% 0.86% 0.85% 0.86% 0.87% 0.88% 0.90% 0.91%
0.34% 0.33% 0.32% 0.32% 0.31% 0.31% 0.31% 0.32% 0.32% 0.32% 0.33%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.37 RUSSIA Coal mining (US $ mln): Russia 1995 - 2005 Year
Russia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
3,719 3,761 3,811 3,862 3,913 3,959 3,965 3,964 3,964 3,963 3,963
8.59% 8.75% 8.91% 9.06% 9.23% 9.35% 9.23% 9.07% 8.91% 8.76% 8.60%
3.19% 3.24% 3.28% 3.33% 3.38% 3.41% 3.37% 3.31% 3.26% 3.20% 3.15%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
75
4.38 SERBIA AND MONTENEGRO Coal mining (US $ mln): Serbia and Montenegro 1995 - 2005 Year
Serbia and Montenegro
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
154 151 149 147 145 144 147 151 155 159 164
0.35% 0.35% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34% 0.35% 0.35%
0.13% 0.13% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.39 SLOVAKIA Coal mining (US $ mln): Slovakia 1995 - 2005 Year
Slovakia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
167 163 160 156 153 151 155 161 166 172 178
0.38% 0.38% 0.37% 0.36% 0.36% 0.35% 0.36% 0.36% 0.37% 0.38% 0.38%
0.14% 0.14% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.14%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
76
4.40 SLOVENIA Coal mining (US $ mln): Slovenia 1995 - 2005 Year
Slovenia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
120 117 115 113 111 110 113 116 120 123 127
0.27% 0.27% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.27% 0.27%
0.10% 0.10% 0.00% 0.00% 0.00% 0.00% 0.09% 0.00% 0.00% 0.00% 0.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.41 SPAIN Coal mining (US $ mln): Spain 1995 - 2005 Year
Spain
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2,488 2,462 2,441 2,421 2,400 2,389 2,431 2,484 2,537 2,592 2,648
5.75% 5.73% 5.70% 5.68% 5.66% 5.64% 5.66% 5.68% 5.70% 5.72% 5.75%
2.13% 2.12% 2.10% 2.09% 2.07% 2.06% 2.06% 2.07% 2.08% 2.09% 2.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
77
4.42 SWEDEN Coal mining (US $ mln): Sweden 1995 - 2005 Year
Sweden
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,072 1,058 1,047 1,035 1,024 1,017 1,037 1,062 1,087 1,114 1,140
2.47% 2.46% 2.44% 2.43% 2.41% 2.40% 2.41% 2.43% 2.44% 2.46% 2.47%
0.92% 0.91% 0.90% 0.89% 0.88% 0.87% 0.88% 0.88% 0.89% 0.90% 0.90%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.43 SWITZERLAND Coal mining (US $ mln): Switzerland 1995 - 2005 Year
Switzerland
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,112 1,111 1,111 1,112 1,112 1,115 1,127 1,141 1,155 1,170 1,184
2.57% 2.58% 2.59% 2.61% 2.62% 2.63% 2.62% 2.61% 2.59% 2.58% 2.57%
0.95% 0.95% 0.95% 0.96% 0.96% 0.96% 0.95% 0.95% 0.95% 0.94% 0.94%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
78
4.44 UKRAINE Coal mining (US $ mln): Ukraine 1995 - 2005 Year
Ukraine
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,052 1,064 1,078 1,092 1,107 1,120 1,121 1,121 1,121 1,121 1,121
2.43% 2.47% 2.51% 2.56% 2.61% 2.64% 2.61% 2.56% 2.52% 2.47% 2.43%
0.90% 0.91% 0.93% 0.94% 0.95% 0.96% 0.95% 0.93% 0.92% 0.90% 0.89%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
4.45 UNITED KINGDOM Coal mining (US $ mln): United Kingdom 1995 - 2005 Year
United Kingdom
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
4,615 4,573 4,542 4,510 4,478 4,462 4,536 4,627 4,720 4,814 4,911
10.66% 10.64% 10.61% 10.59% 10.56% 10.54% 10.56% 10.59% 10.61% 10.64% 10.66%
3.96% 3.94% 3.91% 3.89% 3.87% 3.85% 3.85% 3.87% 3.88% 3.89% 3.90%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
79
5 LATIN AMERICA: COAL MINING 5.1
EXECUTIVE SUMMARY Market Potential for Coal mining in Latin America (US $ mln): 2000
Country
Latent Demand US $ mln
% of Latin America
2,072 1,637 1,102 359 251 174 165 69 61 56 53 38 33 33 31 31 17 8 2 2 6,191
33.43% 26.43% 17.78% 5.79% 4.05% 2.80% 2.65% 1.10% 0.98% 0.89% 0.85% 0.60% 0.53% 0.53% 0.50% 0.49% 0.27% 0.12% 0.00% 0.00% 100.00%
_________________________________________________________________________________________________________
Brazil Mexico Argentina Venezuela Colombia Chile Peru Guatemala Ecuador Panama Uruguay Paraguay El Salvador Costa Rica Bolivia Honduras Nicaragua Suriname Belize Guyana Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
Market Potential for Coal mining in Latin America (US $ mln): 2000 Argentina Venezuela
Mexico
Other Brazil
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
80
The Market for Coal mining in Latin America: 1995 - 2005 Year
US $ mln
% of Globe
6,236.77 6,212.22 6,203.54 6,195.39 6,188.84 6,194.98 6,269.28 6,357.30 6,448.18 6,542.01 6,638.87
5.36 5.36 5.35 5.35 5.35 5.35 5.33 5.32 5.30 5.29 5.28
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.2
ARGENTINA Coal mining (US $ mln): Argentina 1995 - 2005
Year
Argentina
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,032 1,044 1,059 1,074 1,089 1,102 1,103 1,102 1,101 1,100 1,100
16.54% 16.80% 17.06% 17.33% 17.59% 17.78% 17.59% 17.33% 17.07% 16.82% 16.56%
0.88% 0.90% 0.91% 0.92% 0.94% 0.95% 0.93% 0.92% 0.90% 0.88% 0.87%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
5.3
81
BELIZE Coal mining (US $ mln): Belize 1995 - 2005
Year
Belize
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.4
BOLIVIA Coal mining (US $ mln): Bolivia 1995 - 2005
Year
Bolivia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
33 32 32 32 31 31 32 33 33 34 35
0.52% 0.52% 0.51% 0.51% 0.50% 0.50% 0.50% 0.51% 0.51% 0.52% 0.52%
0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
5.5
82
BRAZIL Coal mining (US $ mln): Brazil 1995 - 2005
Year
Brazil
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2,219 2,183 2,152 2,121 2,091 2,072 2,118 2,176 2,236 2,297 2,361
35.58% 35.13% 34.69% 34.23% 33.78% 33.43% 33.77% 34.22% 34.67% 35.11% 35.55%
1.90% 1.88% 1.85% 1.83% 1.80% 1.78% 1.80% 1.82% 1.83% 1.85% 1.87%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.6
CHILE Coal mining (US $ mln): Chile 1995 - 2005
Year
Chile
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
200 194 188 183 177 174 180 187 196 204 213
3.21% 3.12% 3.03% 2.95% 2.86% 2.80% 2.86% 2.94% 3.03% 3.11% 3.20%
0.17% 0.16% 0.16% 0.15% 0.15% 0.15% 0.15% 0.15% 0.16% 0.16% 0.16%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
5.7
83
COLOMBIA Coal mining (US $ mln): Colombia 1995 - 2005
Year
Colombia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
276 270 265 260 255 251 258 266 275 284 293
4.42% 4.34% 4.26% 4.19% 4.11% 4.05% 4.11% 4.18% 4.26% 4.34% 4.41%
0.23% 0.23% 0.22% 0.22% 0.22% 0.21% 0.21% 0.22% 0.22% 0.22% 0.23%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.8
COSTA RICA Coal mining (US $ mln): Costa Rica 1995 - 2005
Year
Costa Rica
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
34 34 34 33 33 33 34 34 35 36 36
0.54% 0.54% 0.54% 0.54% 0.53% 0.53% 0.53% 0.54% 0.54% 0.54% 0.54%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
5.9
84
ECUADOR Coal mining (US $ mln): Ecuador 1995 - 2005
Year
Ecuador
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
62 62 62 61 61 61 62 63 64 65 66
1.00% 0.99% 0.99% 0.98% 0.98% 0.98% 0.98% 0.98% 0.99% 0.99% 0.99%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.10 EL SALVADOR Coal mining (US $ mln): El Salvador 1995 - 2005 Year
El Salvador
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
37 36 35 35 34 33 34 35 37 38 39
0.59% 0.58% 0.57% 0.55% 0.54% 0.53% 0.54% 0.55% 0.57% 0.58% 0.59%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
85
5.11 GUATEMALA Coal mining (US $ mln): Guatemala 1995 - 2005 Year
Guatemala
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
75 73 72 71 69 69 70 72 75 77 79
1.19% 1.17% 1.15% 1.13% 1.12% 1.10% 1.12% 1.13% 1.15% 1.17% 1.19%
0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.00% 0.00% 0.00% 0.06% 0.06%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.12 GUYANA Coal mining (US $ mln): Guyana 1995 - 2005 Year
Guyana
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
86
5.13 HONDURAS Coal mining (US $ mln): Honduras 1995 - 2005 Year
Honduras
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
33 32 32 31 31 31 31 32 33 34 35
0.52% 0.51% 0.50% 0.50% 0.49% 0.49% 0.49% 0.50% 0.50% 0.51% 0.52%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.14 MEXICO Coal mining (US $ mln): Mexico 1995 - 2005 Year
Mexico
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,503 1,527 1,555 1,584 1,613 1,637 1,634 1,626 1,618 1,610 1,602
24.09% 24.58% 25.07% 25.56% 26.05% 26.43% 26.06% 25.57% 25.08% 24.60% 24.12%
1.29% 1.31% 1.34% 1.36% 1.39% 1.41% 1.39% 1.36% 1.33% 1.30% 1.27%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
87
5.15 NICARAGUA Coal mining (US $ mln): Nicaragua 1995 - 2005 Year
Nicaragua
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
18 18 17 17 17 17 17 18 18 19 19
0.28% 0.28% 0.28% 0.27% 0.27% 0.27% 0.27% 0.27% 0.28% 0.28% 0.28%
0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.01%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.16 PANAMA Coal mining (US $ mln): Panama 1995 - 2005 Year
Panama
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
58 57 57 56 56 56 56 58 59 60 61
0.92% 0.91% 0.91% 0.90% 0.90% 0.89% 0.90% 0.90% 0.91% 0.91% 0.92%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
88
5.17 PARAGUAY Coal mining (US $ mln): Paraguay 1995 - 2005 Year
Paraguay
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
40 40 39 39 38 38 38 40 41 42 43
0.64% 0.63% 0.63% 0.62% 0.61% 0.60% 0.61% 0.62% 0.63% 0.63% 0.64%
0.00% 0.00% 0.03% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.03%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.18 PERU Coal mining (US $ mln): Peru 1995 - 2005 Year
Peru
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
185 180 176 171 167 165 169 176 182 189 196
2.96% 2.89% 2.83% 2.76% 2.70% 2.65% 2.70% 2.76% 2.82% 2.89% 2.95%
0.15% 0.15% 0.15% 0.14% 0.14% 0.14% 0.14% 0.14% 0.15% 0.15% 0.15%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
89
5.19 SURINAME Coal mining (US $ mln): Suriname 1995 - 2005 Year
Suriname
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 8 8 8 8 8 8 8 8 8 8
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
5.20 URUGUAY Coal mining (US $ mln): Uruguay 1995 - 2005 Year
Uruguay
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
50 51 51 52 52 53 53 53 53 53 54
0.80% 0.81% 0.82% 0.83% 0.84% 0.85% 0.84% 0.83% 0.82% 0.81% 0.80%
0.00% 0.00% 0.04% 0.04% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
90
5.21 VENEZUELA Coal mining (US $ mln): Venezuela 1995 - 2005 Year
Venezuela
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
367 365 363 361 360 359 364 371 377 384 391
5.88% 5.86% 5.85% 5.83% 5.81% 5.79% 5.81% 5.83% 5.85% 5.86% 5.88%
0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31% 0.31%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
91
6 NORTH AMERICA & THE CARIBBEAN: COAL MINING 6.1
EXECUTIVE SUMMARY
Market Potential for Coal mining in North America & the Caribbean (US $ mln): 2000 Country
Latent Demand US $ mln % of North America & the Caribbean
_________________________________________________________________________________________________________
United States Canada Cuba Dominican Republic Trinidad and Tobago Jamaica Bahamas Haiti Martinique Barbados Netherlands Antilles Bermuda St. Lucia Antigua and Barbuda Grenada St. Vincent and the Grenadines St. Kitts and Nevis Dominica Total
28,693 2,869 126 42 23 17 16 14 11 8 8 7 2 2 1 1 1 1 31,842
89.71% 8.97% 0.39% 0.13% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00%
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
92
Market Potential for Coal mining in North America & the Caribbean (US $ mln): 2000
Canada Cuba United States
Dominican Republic Other
The Market for Coal mining in North America & the Caribbean: 1995 - 2005 Year
US $ mln
% of Globe
30,351.24 30,568.04 30,919.42 31,265.38 31,616.13 31,980.68 32,403.96 32,841.97 33,285.99 33,736.08 34,192.33
26.07 26.36 26.69 27.01 27.33 27.61 27.57 27.48 27.38 27.28 27.18
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
6.2
93
ANTIGUA AND BARBUDA Coal mining (US $ mln): Antigua and Barbuda 1995 - 2005
Year
Antigua and Barbuda
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.3
BAHAMAS Coal mining (US $ mln): Bahamas 1995 - 2005
Year
Bahamas
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
16 16 16 16 16 16 16 16 17 17 17
0.05% 0.05% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
6.4
94
BARBADOS Coal mining (US $ mln): Barbados 1995 - 2005
Year
Barbados
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
9 9 8 8 8 8 9 9 9 9 9
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.5
BERMUDA Coal mining (US $ mln): Bermuda 1995 - 2005
Year
Bermuda
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 7 7 7 7 7 7 8 8 8 8
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
6.6
95
CANADA Coal mining (US $ mln): Canada 1995 - 2005
Year
Canada
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2,925 2,908 2,896 2,885 2,873 2,869 2,910 2,960 3,010 3,062 3,114
9.63% 9.51% 9.36% 9.22% 9.08% 8.97% 8.98% 9.01% 9.04% 9.07% 9.10%
2.51% 2.50% 2.49% 2.49% 2.48% 2.47% 2.47% 2.47% 2.47% 2.47% 2.47%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.7
CUBA Coal mining (US $ mln): Cuba 1995 - 2005
Year
Cuba
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
130 128 128 127 126 126 128 130 133 135 138
0.42% 0.42% 0.41% 0.40% 0.39% 0.39% 0.39% 0.39% 0.39% 0.40% 0.40%
0.11% 0.11% 0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
6.8
96
DOMINICA Coal mining (US $ mln): Dominica 1995 - 2005
Year
Dominica
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.9
DOMINICAN REPUBLIC Coal mining (US $ mln): Dominican Republic 1995 - 2005
Year
Dominican Republic
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
44 44 43 43 42 42 43 44 45 46 47
0.14% 0.14% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
97
6.10 GRENADA Coal mining (US $ mln): Grenada 1995 - 2005 Year
Grenada
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.11 HAITI Coal mining (US $ mln): Haiti 1995 - 2005 Year
Haiti
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
15 15 15 14 14 14 14 15 15 16 16
0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
98
6.12 JAMAICA Coal mining (US $ mln): Jamaica 1995 - 2005 Year
Jamaica
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
17 17 17 17 17 17 17 17 18 18 18
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.13 MARTINIQUE Coal mining (US $ mln): Martinique 1995 - 2005 Year
Martinique
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
10 10 10 10 11 11 11 11 11 11 11
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
99
6.14 NETHERLANDS ANTILLES Coal mining (US $ mln): Netherlands Antilles 1995 - 2005 Year
Netherlands Antilles
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
8 8 8 8 8 8 8 8 8 9 9
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.15 ST. KITTS AND NEVIS Coal mining (US $ mln): St. Kitts and Nevis 1995 - 2005 Year
St. Kitts and Nevis
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
100
6.16 ST. LUCIA Coal mining (US $ mln): St. Lucia 1995 - 2005 Year
St. Lucia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 2 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.17 ST. VINCENT AND THE GRENADINES Coal mining (US $ mln): St. Vincent and the Grenadines 1995 - 2005 Year St. Vincent and the Grenadines
% of Region
% of Globe
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
101
6.18 TRINIDAD AND TOBAGO Coal mining (US $ mln): Trinidad and Tobago 1995 - 2005 Year
Trinidad and Tobago
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
25 24 24 24 24 23 24 24 25 26 26
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
6.19 UNITED STATES Coal mining (US $ mln): United States 1995 - 2005 Year
United States
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
26,992 27,231 27,597 27,957 28,323 28,693 29,068 29,448 29,832 30,222 30,617
88.93% 89.08% 89.25% 89.41% 89.58% 89.71% 89.70% 89.66% 89.62% 89.58% 89.54%
23.18% 23.48% 23.81% 24.15% 24.48% 24.76% 24.73% 24.63% 24.54% 24.44% 24.33%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
102
7 OCEANA: COAL MINING 7.1
EXECUTIVE SUMMARY Market Potential for Coal mining in Oceana (US $ mln): 2000
Country
Latent Demand US $ mln
% of Oceana
1,453 251 7 1 1 1 1 1 0 0 0 0 0 1,717
83.26% 14.37% 0.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 100.00%
_________________________________________________________________________________________________________
Australia New Zealand Fiji Solomon Islands American Samoa Nauru Vanuatu Tonga Micronesia Federation Palau Marshall Islands Kiribati Tuvalu Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
Market Potential for Coal mining in Oceana (US $ mln): 2000
New Zealand Fiji Solomon Islands Other Australia
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
103
The Market for Coal mining in Oceana: 1995 - 2005 Year
US $ mln
% of Globe
1,840.70 1,816.29 1,796.35 1,776.35 1,756.61 1,744.78 1,779.26 1,822.37 1,866.54 1,911.83 1,958.24
1.58 1.57 1.55 1.53 1.52 1.51 1.51 1.52 1.54 1.55 1.56
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.2
AMERICAN SAMOA Coal mining (US $ mln): American Samoa 1995 - 2005
Year
American Samoa
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.06% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
7.3
104
AUSTRALIA Coal mining (US $ mln): Australia 1995 - 2005
Year
Australia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,524 1,506 1,491 1,476 1,461 1,453 1,480 1,514 1,549 1,585 1,621
82.78% 82.89% 82.99% 83.09% 83.18% 83.26% 83.19% 83.09% 82.99% 82.89% 82.79%
1.30% 1.29% 1.28% 1.27% 1.26% 1.25% 1.25% 1.26% 1.27% 1.28% 1.28%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.4
FIJI Coal mining (US $ mln): Fiji 1995 - 2005
Year
Fiji
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
7 7 7 7 7 7 7 7 7 8 8
0.39% 0.39% 0.39% 0.40% 0.40% 0.40% 0.40% 0.40% 0.39% 0.39% 0.39%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
7.5
105
KIRIBATI Coal mining (US $ mln): Kiribati 1995 - 2005
Year
Kiribati
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.6
MARSHALL ISLANDS Coal mining (US $ mln): Marshall Islands 1995 - 2005
Year
Marshall Islands
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
7.7
106
MICRONESIA FEDERATION Coal mining (US $ mln): Micronesia Federation 1995 - 2005
Year
Micronesia Federation
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.02% 0.02% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00% 0.00% 0.02%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.8
NAURU Coal mining (US $ mln): Nauru 1995 - 2005
Year
Nauru
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.05% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
7.9
107
NEW ZEALAND Coal mining (US $ mln): New Zealand 1995 - 2005
Year
New Zealand
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
276 270 265 259 254 251 257 266 275 284 293
14.99% 14.86% 14.73% 14.60% 14.47% 14.37% 14.47% 14.59% 14.72% 14.85% 14.98%
0.23% 0.23% 0.22% 0.22% 0.21% 0.21% 0.21% 0.22% 0.22% 0.22% 0.23%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.10 PALAU Coal mining (US $ mln): Palau 1995 - 2005 Year
Palau
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
108
7.11 SOLOMON ISLANDS Coal mining (US $ mln): Solomon Islands 1995 - 2005 Year
Solomon Islands
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
2 2 2 2 2 1 2 2 2 2 2
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.12 TONGA Coal mining (US $ mln): Tonga 1995 - 2005 Year
Tonga
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
109
7.13 TUVALU Coal mining (US $ mln): Tuvalu 1995 - 2005 Year
Tuvalu
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
0 0 0 0 0 0 0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
7.14 VANUATU Coal mining (US $ mln): Vanuatu 1995 - 2005 Year
Vanuatu
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1 1 1 1 1 1 1 1 1 1 1
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05% 0.05% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
110
8 THE MIDDLE EAST: COAL MINING 8.1
EXECUTIVE SUMMARY Market Potential for Coal mining in the Middle East (US $ mln): 2000
Country
Latent Demand US $ mln
% of the Middle East
1,991 1,097 632 328 309 286 233 183 170 134 123 76 74 73 69 68 60 45 45 31 22 21 6,070
32.74% 18.04% 10.39% 5.38% 5.07% 4.70% 3.82% 3.01% 2.79% 2.21% 2.02% 1.24% 1.21% 1.19% 1.14% 1.11% 0.99% 0.73% 0.73% 0.50% 0.36% 0.35% 100.00%
_________________________________________________________________________________________________________
Iran Turkey Saudi Arabia Israel Uzbekistan Pakistan Iraq United Arab Emirates Syrian Arab Republic Azerbaijan Kuwait Armenia Oman Tajikistan Kyrgyzstan Turkmenistan Yemen Qatar Jordan Lebanon Afghanistan Bahrain Total
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
111
Market Potential for Coal mining in the Middle East (US $ mln): 2000 Saudi Arabia Turkey
Israel
Other Iran
The Market for Coal mining in the Middle East: 1995 - 2005 Year
US $ mln
% of Globe
6,157.80 6,125.74 6,109.43 6,093.71 6,079.63 6,079.94 6,158.58 6,252.79 6,350.08 6,450.54 6,554.29
5.29 5.28 5.27 5.26 5.26 5.25 5.24 5.23 5.22 5.22 5.21
_________________________________________________________________________________________________________
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
8.2
112
AFGHANISTAN Coal mining (US $ mln): Afghanistan 1995 - 2005
Year
Afghanistan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
21 21 22 22 22 22 22 22 22 23 23
0.34% 0.34% 0.35% 0.35% 0.35% 0.36% 0.35% 0.35% 0.35% 0.34% 0.34%
0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.3
ARMENIA Coal mining (US $ mln): Armenia 1995 - 2005
Year
Armenia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
83 81 80 78 77 76 78 80 83 86 88
1.34% 1.32% 1.30% 1.28% 1.26% 1.24% 1.26% 1.28% 1.30% 1.32% 1.34%
0.07% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
8.4
113
AZERBAIJAN Coal mining (US $ mln): Azerbaijan 1995 - 2005
Year
Azerbaijan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
114 118 122 126 131 134 133 130 127 124 121
1.84% 1.91% 1.99% 2.07% 2.15% 2.21% 2.15% 2.07% 1.99% 1.92% 1.85%
0.00% 0.10% 0.10% 0.10% 0.11% 0.11% 0.11% 0.10% 0.10% 0.10% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.5
BAHRAIN Coal mining (US $ mln): Bahrain 1995 - 2005
Year
Bahrain
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
20 21 21 21 21 21 21 22 22 22 22
0.33% 0.33% 0.34% 0.34% 0.34% 0.35% 0.34% 0.34% 0.34% 0.33% 0.33%
0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
8.6
114
IRAN Coal mining (US $ mln): Iran 1995 - 2005
Year
Iran
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,901 1,915 1,935 1,954 1,973 1,991 1,999 2,005 2,012 2,018 2,025
30.86% 31.26% 31.66% 32.06% 32.45% 32.74% 32.45% 32.07% 31.68% 31.28% 30.89%
1.63% 1.65% 1.66% 1.68% 1.70% 1.71% 1.70% 1.67% 1.65% 1.63% 1.60%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.7
IRAQ Coal mining (US $ mln): Iraq 1995 - 2005
Year
Iraq
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
226 227 228 230 231 233 234 236 237 239 241
3.66% 3.70% 3.73% 3.77% 3.80% 3.82% 3.80% 3.77% 3.73% 3.70% 3.66%
0.19% 0.19% 0.19% 0.19% 0.19% 0.20% 0.19% 0.19% 0.19% 0.19% 0.19%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
8.8
115
ISRAEL Coal mining (US $ mln): Israel 1995 - 2005
Year
Israel
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
369 359 351 342 333 328 338 351 364 378 393
5.99% 5.86% 5.73% 5.60% 5.48% 5.38% 5.48% 5.60% 5.73% 5.86% 5.99%
0.31% 0.30% 0.30% 0.29% 0.28% 0.28% 0.28% 0.29% 0.29% 0.30% 0.31%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.9
JORDAN Coal mining (US $ mln): Jordan 1995 - 2005
Year
Jordan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
50 49 48 46 45 45 46 48 49 51 53
0.81% 0.79% 0.77% 0.76% 0.74% 0.73% 0.74% 0.76% 0.77% 0.79% 0.80%
0.00% 0.00% 0.04% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
116
8.10 KUWAIT Coal mining (US $ mln): Kuwait 1995 - 2005 Year
Kuwait
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
128 127 126 125 124 123 125 128 131 134 137
2.08% 2.07% 2.06% 2.04% 2.03% 2.02% 2.03% 2.04% 2.06% 2.07% 2.08%
0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10% 0.10%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.11 KYRGYZSTAN Coal mining (US $ mln): Kyrgyzstan 1995 - 2005 Year
Kyrgyzstan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
64 65 66 67 68 69 69 69 69 69 68
1.04% 1.06% 1.08% 1.10% 1.12% 1.14% 1.12% 1.10% 1.08% 1.06% 1.04%
0.00% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.05%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
117
8.12 LEBANON Coal mining (US $ mln): Lebanon 1995 - 2005 Year
Lebanon
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
34 33 33 32 31 31 32 33 34 35 37
0.55% 0.54% 0.53% 0.52% 0.51% 0.50% 0.51% 0.52% 0.53% 0.54% 0.55%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.13 OMAN Coal mining (US $ mln): Oman 1995 - 2005 Year
Oman
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
78 77 76 75 74 74 75 77 79 81 83
1.26% 1.25% 1.24% 1.23% 1.22% 1.21% 1.22% 1.23% 1.24% 1.25% 1.26%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
118
8.14 PAKISTAN Coal mining (US $ mln): Pakistan 1995 - 2005 Year
Pakistan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
310 304 299 294 289 286 293 302 311 320 330
5.03% 4.96% 4.89% 4.82% 4.75% 4.70% 4.75% 4.82% 4.89% 4.96% 5.02%
0.26% 0.26% 0.25% 0.25% 0.24% 0.24% 0.24% 0.25% 0.25% 0.25% 0.26%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.15 QATAR Coal mining (US $ mln): Qatar 1995 - 2005 Year
Qatar
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
43 43 44 44 45 45 45 45 46 46 46
0.70% 0.70% 0.71% 0.72% 0.73% 0.73% 0.73% 0.72% 0.71% 0.71% 0.70%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.03% 0.00% 0.00% 0.03%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
119
8.16 SAUDI ARABIA Coal mining (US $ mln): Saudi Arabia 1995 - 2005 Year
Saudi Arabia
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
613 616 620 624 628 632 636 641 645 649 653
9.95% 10.05% 10.14% 10.24% 10.33% 10.39% 10.33% 10.24% 10.15% 10.06% 9.96%
0.52% 0.53% 0.53% 0.53% 0.54% 0.54% 0.54% 0.53% 0.53% 0.52% 0.51%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.17 SYRIAN ARAB REPUBLIC Coal mining (US $ mln): Syrian Arab Republic 1995 - 2005 Year
Syrian Arab Republic
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
183 180 177 174 172 170 174 179 184 189 195
2.97% 2.93% 2.89% 2.86% 2.82% 2.79% 2.82% 2.86% 2.89% 2.93% 2.96%
0.15% 0.15% 0.15% 0.15% 0.14% 0.14% 0.14% 0.14% 0.15% 0.15% 0.15%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
120
8.18 TAJIKISTAN Coal mining (US $ mln): Tajikistan 1995 - 2005 Year
Tajikistan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
64 65 67 69 71 73 72 71 70 69 68
1.03% 1.06% 1.10% 1.13% 1.16% 1.19% 1.16% 1.13% 1.10% 1.06% 1.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.19 TURKEY Coal mining (US $ mln): Turkey 1995 - 2005 Year
Turkey
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
1,232 1,200 1,171 1,143 1,116 1,097 1,130 1,172 1,216 1,262 1,309
20.00% 19.58% 19.16% 18.75% 18.35% 18.04% 18.34% 18.74% 19.15% 19.56% 19.97%
1.05% 1.03% 1.01% 0.98% 0.96% 0.94% 0.96% 0.98% 1.00% 1.02% 1.04%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
121
8.20 TURKMENISTAN Coal mining (US $ mln): Turkmenistan 1995 - 2005 Year
Turkmenistan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
61 62 63 65 66 68 67 67 66 65 65
0.98% 1.01% 1.03% 1.06% 1.09% 1.11% 1.09% 1.06% 1.03% 1.01% 0.98%
0.00% 0.00% 0.00% 0.00% 0.05% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.21 UNITED ARAB EMIRATES Coal mining (US $ mln): United Arab Emirates 1995 - 2005 Year
United Arab Emirates
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
192 190 188 186 184 183 187 191 195 200 205
3.12% 3.10% 3.07% 3.05% 3.03% 3.01% 3.03% 3.05% 3.07% 3.09% 3.12%
0.16% 0.16% 0.16% 0.16% 0.15% 0.15% 0.15% 0.15% 0.16% 0.16% 0.16%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
122
8.22 UZBEKISTAN Coal mining (US $ mln): Uzbekistan 1995 - 2005 Year
Uzbekistan
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
297 299 301 304 306 309 310 312 313 315 316
4.82% 4.87% 4.93% 4.98% 5.03% 5.07% 5.03% 4.98% 4.93% 4.88% 4.82%
0.25% 0.25% 0.26% 0.26% 0.26% 0.26% 0.26% 0.26% 0.25% 0.25% 0.25%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
8.23 YEMEN Coal mining (US $ mln): Yemen 1995 - 2005 Year
Yemen
% of Region
% of Globe
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005
64 63 62 62 61 60 62 63 65 66 68
1.03% 1.02% 1.02% 1.01% 1.00% 0.99% 1.00% 1.01% 1.01% 1.02% 1.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
_________________________________________________________________________________________________________
_________________________________________________________________________________________________________
Source: Icon Group Ltd., copyright 2000, www.icongroupedition.com
www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
123
9 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 9.1 DISCLAIMERS & SAFE HARBOR Summary disclaimer. This publication ("Report") does not constitute legal, valuation, tax, or financial consulting advice. Nor is it a statement on the performance, management capability or future potential (good or bad) of the company(ies), industry(ies), product(s), region(s), city(ies) or country(ies) discussed. It is offered as an information service to clients, associates, and academicians. Those interested in specific guidance for legal, strategic, and/or financial or accounting matters should seek competent professional assistance from their own advisors. Information was furnished to Icon Group Ltd. ("Icon Group"), and its subsidiaries (Icon Group International, Inc.), by its internal researchers and/or extracted from public filings, or sources available within the public domain, including other information providers (e.g. EDGAR filings, national organizations and international organizations). Icon Group does not promise or warrant that we will obtain information from any particular independent source. Published regularly by Icon Group, this and similar reports provide analysis on cities, countries, industries, and/or foreign and domestic companies which may or may not be publicly traded. Icon Group reports are used by various companies and persons including consulting firms, investment officers, pension fund managers, registered representatives, and other financial service professionals. Any commentary, observations or discussion by Icon Group about a country, city, region, industry or company does not constitute a recommendation to buy or sell company shares or make investment decisions. Further, the financial condition or outlook for each industry, city, country, or company may change after the date of the publication, and Icon Group does not warrant, promise or represent that it will provide report users with notice of that change, nor will Icon Group promise updates on the information presented. Safe Harbor for Forward-Looking Statements. Icon Group reports, including the present report, make numerous forward-looking statements which should be treated as such. Forwardlooking statements are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995, and similar local laws. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's, city's, country's or industry's actual results or outlook in future periods to differ materially from those forecasted. These risks and uncertainties include, among other things, product price volatility, exchange rate volatility, regulation volatility, product demand volatility, data inaccuracies, computer- or softwaregenereted calculation innacuracies, market competition, changes in management style, changes in corporate strategy, and risks inherent in international and corporate operations. Forward-looking statements can be identified in statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate,'' "estimate," "expect,'' "project,'' "intend,'' "plan,'' "feel", "think", "hear," "guess," "forecast," "believe," and other words and terms of similar www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
124
meaning in connection with any discussion of future operating, economic or financial performance. This equally applies to all statements relating to an industry, city, country, region, economic variable or company financial situation. Icon Group recommends that the reader follow the advice of Nancy M. Smith, Director of SEC's Office of Investor Education and Assistance, who has been quoted to say, "Never, ever, make an investment based solely on what you read in an online newsletter or Internet bulletin board, especially if the investment involves a small, thinly-traded company that isn't well known … Assume that the information about these companies is not trustworthy unless you can prove otherwise through your own independent research." Similar recommendations apply to decisions relating to industry studies, product category studies, corporate strategies discussions and country evaluations. In the case of Icon Group reports, many factors can affect the actual outcome of the period discussed, including exchange rate volatility, changes in accounting standards, the lack of oversight or comparability in accounting standards, changes in economic conditions, changes in competition, changes in the global economy, changes in source data quality, changes in reported data quality, changes in methodology and similar factors. Information Accuracy. Although the statements in this report are derived from or based upon various information sources and/or econometric models that Icon Group believes to be reliable, we do not guarantee their accuracy, reliability, quality, and any such information, or resulting analyses, may be incomplete, rounded, inaccurate or condensed. All estimates included in this report are subject to change without notice. This report is for informational purposes only and is not intended as a recommendation to invest in a city, country, industry or product area, or an offer or solicitation with respect to the purchase or sale of a security, stock, or financial instrument. This report does not take into account the investment objectives, financial situation or particular needs of any particular person or legal entity. With respect to any specific company, city, country, region, or industry that might be discussed in this report, investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the information in this report. Investing in either U.S. or nonU.S. securities or markets entails inherent risks. In addition, exchange rate movements may have an effect on the reliability of the estimates provided in this report. Icon Group is not a registered Investment Adviser or a Broker/Dealer.
9.2 ICON GROUP LTD. USER AGREEMENT PROVISIONS Ownership. User agrees that Icon Group Ltd. ("Icon Group") and its subsidiaries (Icon Group International, Inc.) retains all rights, title and interests, including copyright and other proprietary rights, in this report and all material, including but not limited to text, images, and other multimedia data, provided or made available as part of this report ("Report"). Restrictions on Use. User agrees that it will not copy nor license, sell, transfer, make available or otherwise distribute the Report to any entity or person, except that User may (a) make available to its employees electronic copies of Report, (b) allow its employees to store, manipulate, and reformat Report, and (c) allow its employees to make paper copies of Report, provided that such www.icongroupedition.com
Ó2002 Icon Group Ltd.
Coal Mining
125
electronic and paper copies are used solely internally and are not distributed to any third parties. In all cases the User agrees to fully inform and distribute to other internal users all discussions covering the methodology of this Report and the disclaimers and caveats associated with this Report. User shall use its best efforts to stop any unauthorized copying or distribution immediately after such unauthorized use becomes known. The provisions of this paragraph are for the benefit of Icon Group and its information resellers, each of which shall have the right to enforce its rights hereunder directly and on its own behalf. No Warranty. The Report is provided on an "AS IS" basis. ICON GROUP DISCLAIMS ANY AND ALL WARRANTIES, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE, RELATING TO THIS AGREEMENT, PERFORMANCE UNDER THIS AGREEMENT, THE REPORT. Icon Group makes no warranties regarding the completeness, accuracy or availability of the Report. Limitation of Liability. In no event shall Icon Group, its employees or its agent, resellers and distributors be liable to User or any other person or entity for any direct, indirect, special, exemplary, punitive, or consequential damages, including lost profits, based on breach of warranty, contract, negligence, strict liability or otherwise, arising from the use of the report or under this Agreement or any performance under this Agreement, whether or not they or it had any knowledge, actual or constructive, that such damages might be incurred. Indemnification. User shall indemnify and hold harmless Icon Group and its resellers, distributors and information providers against any claim, damages, loss, liability or expense arising out of User's use of the Report in any way contrary to this Agreement. © Icon Group Ltd., 2000. All rights reserved. Any unauthorized use, duplication or disclosure is prohibited by law and will result in prosecution. Text, graphics, and HTML or other computer code are protected by US and International Copyright Laws, and may not be copied, reprinted, published, translated, hosted, or otherwise distributed by any means without explicit permission. Permission is granted to quote small portions of this report with proper attribution. Media quotations with source attributions are encouraged. Reporters requesting additional information or editorial comments should contact Icon Group via email at
[email protected]. Sources: This report was prepared from a variety of sources including excerpts from documents and official reports or databases published by the World Bank, the U.S. Department of Commerce, the U.S. State Department, various national agencies, the International Monetary Fund, the Central Intelligence Agency, the United Nations, and Icon Group Ltd.
END
www.icongroupedition.com
Ó2002 Icon Group Ltd.