Cloud Peak Energy joins globalCOAL
LONDON AND SINGAPORE – 01 July 2011
US coal producer Cloud Peak Energy Resources LLC has joined the globalCOAL® trading platform as a Market Member.
Headquartered in Wyoming, Cloud Peak produces low sulphur sub-bituminous coal from three mines in the Powder River Basin. The company sells its coal primarily to domestic electric utilities, supplying approximately 70 customers with over 100 domestic plants. Its parent company Cloud Peak Energy Inc is listed on the NYSE under the symbol CLD.
“We are delighted to welcome Cloud Peak Energy as the second American coal producer to join our Market Member community this year”, says Patrick Markey of globalCOAL Singapore. “We look forward to working with them, and our other US clients to further develop the SCoTA® market for seaborne coal in the Americas.”
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