Press Release

globalCOAL named best broker, Asia Pacific, in EnergyRisk Commodity Awards

LONDON AND SINGAPORE - 13th February 2013

Energy Risk, in their annual commodity awards, have named globalCOAL best broker in Asia Pacific for a second year. The award reflects globalCOAL's on-going efforts to develop the market in this region and in particular recognises globalCOAL's work to reinvigorate the Newcastle market over the past year.

‘The introduction of the Newcastle trading window in June 2012 has led to a significant increase in liquidity' said globalCOAL CEO Eoghan Cunningham, ‘We are also working closely with the market on other initiatives, such as developing new SCoTA specifications for delivery of thermal coal into China. It is gratifying that the team's efforts in the region have been recognised by our industry peers with this award.'

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