However, some importing countries as China and Korea are reducing their consumption of coal for which price of this natural resource in international market have decreased. According to this newspaper report, South Korea, Taiwan and Japan together import 30% of the world’s total exported thermal coal among which, 70% amount are from Australia. However, based on the Institute for Energy Economics and Financial Analysis (IEEFA), this exporting market of coal is going to decrease due to falling demand from two largest buyers of coal, which