Press Release
Four New Market Members Join globalCOAL
LONDON AND SINGAPORE - 14 June 2011
globalCOAL® has announced that four companies are joining its community of online coal traders as Market Members today:
- UK-based Anglo African Commodities Ltd is involved in the coal trading business and specialises in the marketing of South African coal.
- PT Indo Tambangraya Megah Tbk is an Indonesian coal mining company and a subsidiary of Thailand-based Banpu Public Co Ltd. The company is involved in the extraction, processing, logistics and marketing of coal.
- TELF AG is a Swiss company which specialises in the trading of coal and various petroleum commodities, mainly from Russian and the CIS.
- Swiss-based Transcor AG is a large international supplier of energy commodities, principally involved in the refining, storage, distribution and trading of crude oil, oil products, natural gas, coal and coke.
"The four new Market Members joining us today truly illustrate the growing appeal of physical coal trading worldwide", says Patrick Markey of globalCOAL in Singapore. "Whether they are established traders or recent entrants, these market participants will benefit from the transparency of information and efficient access to market the globalCOAL platform provides."
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