Country Report
Illinois Basin coal supply summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The growth momentum in thermal coal that accompanied the economic recovery in 2021 and 2022 has reversed since 2023. By 2040, we expect production in ILB to decline by over 40%. Still, driven by growing demand in some regions, particularly India, we anticipate ILB's exports will double by the end of the next decade. Inflationary pressures and lower volumes triggered ILB's costs to escalate by over 4% in 2024. Growth capex and new projects will be limited in the region going forward, and we’ve flagged just two projects with a high probability of being developed.
Table of contents
- Production by current mine status
- Production by state
- Capital costs
- Price assumptions
Tables and charts
This report includes the following images and tables:
- Production by mine status (Mst)
- Production by state (Mst)
- 2025 cash cost curve
- Average total cash costs (US$/st)
- Capital expenditure by category (US$ million)
- Benchmark thermal coal price assumptions
What's included
This report contains:
Other reports you may be interested in
Country Report
Mozambique coal supply summary
Another year of record production but will it continue as seaborne prices moderate
$6,750
Country Report
Canada coal supply summary
Summary of Canadian coal supply covering export and domestic thermal coal and metallurgical coal.
$6,750
Country Report
Global iron ore supply summary 2025
Iron ore margins remain strong in 2025. Avg cost: US$59.8/t. Capex rises to US$17.2B, driven by quality upgrades and emissions goals.
$6,750
