MARKETS

Banpu joins WCA

THAILAND-based Asia Pacific coal mining and power generation giant Banpu has joined the World Coa...

Anthony Barich

Banpu, which has estimated coal reserves of 655 million tonnes with coal sales of 45.7 million tonnes in 2013, operates in six main geographical areas – Indonesia, Australia, China, Mongolia, Thailand and Laos.

WCA acting CEO Benjamin Sporton said starting 2015 with a growth in membership was “a positive step” for the WCA, as Banpu was a “hugely important” company in Asia and globally – exporting thermal and metallurgical coal to markets across the Asia-Pacific.

“Banpu’s decision to join the WCA strengthens our network across Asia and ensures we provide an informed and influential voice for the global coal industry,” he said.

Banpu will be represented on the WCA Board by its CEO Chanin Vongkusolkit and deputy CEO Somyot Ruchirawat.

Banpu’s enterprise is built around diversified strategic investments in coal, power generation as well as alternative energy in several countries in the region.

Vongkusolkit said that as Banpu aspired to build sustainable value to all of our stakeholders, it aimed to conduct its operations in a “socially, ethically, and environmentally responsible manner with care for sustainability, which goes hand in hand with the vision shared by the World Coal Association – to achieve a sustainable and lower carbon energy in the future”

Sporton said it was vital that the global coal industry worked together to demonstrate the critical role coal plays in securing modern energy for all and building modern infrastructure.

The WCA is the only organisation that works on behalf of the coal industry globally.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets