Centennial Coal

Centennial Coal is an Australian mining business supplying domestic and export markets. their coal fuels around 40% of NSW’s coal-fired electricity generating capacity, while they also manage a successful export business. With the backing of Banpu, Pan-Asia’s leading independent coal producer, they deliver a superior service to their customers. Established in 1989 and listed on the Australian Securities Exchange in 1994, Centennial is a coal mining and marketing company supplying thermal and coking coal to the domestic and export markets. From their small beginnings in 1989 and a $20 million listing in 1994, Centennial grew to be a top S&P/ASX 100 company. Upon the takeover by Banpu Public Company Limited in September 2010, their market capitalisation had grown to approximately $2.5 billion. Today, Centennial is a wholly owned subsidiary of Banpu. Centennial has over 1,400 employees and five operating coal mines in NSW, making Centennial one of the largest underground coal producers in NSW and now, as part of Banpu, a member of the largest independent pan-Asian coal group. Centennial is a major fuel supplier to the New South Wales energy industry, fuelling approximately 40% of the State’s coal-fired electricity. They have a growing export capability and currently sell approximately 40% of their coal into the export market. Coal is exported through ports at Newcastle and Port Kembla in NSW and their customers include power stations and steel mills in Taiwan, Japan, Korea and Europe. They are securing their future through organic growth at their existing operations and focusing on the Company’s portfolio management including acquisitions, divestments and focused exploration.

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