Thailand’s Banpu digs for coal and generates power. And no one else in Asia is better at it.
Bontang Terminal, East Kalimantan, Indonesia
Susan J Cunningham
Quiet but ambitious Thai coal miner Banpu made a splash in July when it reached a $1.8 billion deal to buy the 80% of Australian miner Centennial Coal it didn’t yet own. It seemed like a bolt from the blue, but Banpu, coming from a country with little coal of its own, has been steadily expanding overseas for 12 years. With shares of four mines in Indonesia and three in China, Banpu should soon have a stake in three of the world’s five largest ….more