Press Release

Russian coal export major Carbo One joins gC

LONDON AND SINGAPORE – 6 March 2013

Russian coal exporter Carbo One has joined globalCOAL, the world’s largest physical coal broker, reflecting the growth in hard commodity trade in the Asian markets in particular.

Carbo One, which markets around 30 million tonnes of coal a year to the European and Asian markets, together with Russia’s largest coal exporter SUEK, which joined globalCOAL in 2006, account for three quarters of Russia’s 70 million tonnes a year of thermal coal exports.

 “We are delighted to welcome a major coal player such as Carbo One to the globalCOAL trading community,” says globalCOAL CEO Eoghan Cunningham.

Carbo One brings globalCOAL’s market membership to 138.

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