Press Release

globalCOAL Welcomes Two New Indian Market Members

LONDON AND SINGAPORE – 16 April 2014

globalCOAL® announced today that two new Indian Market Members have joined its online coal trading platform.

Kolkota-based Rashmi Metaliks Ltd is a subsidiary of the Rashmi Group, and is involved in the trade of iron ore, coal and other mineral products.

Swastik Coal Corporation Pte Ltd is a vertically-integrated company involved in the import, trade, handling and transport of coal and lignite. Swastik Coal is headquartered in the Indian state of Madhya Pradesh.

globalCOAL’s reach in the Indian market continues to grow with a total of 21 Market Members based in the Indian sub-continent, now representing over 13% of globalCOAL’s online trading community.

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