EMMSONS firmly believes that energy security is one of the keys to building strong, sustainable and efficient growth platforms, not just in the developing economies, but globally. Even, the International Energy Agency expects global energy demand to grow by one third from 2010 to 2035. This was one of the main drivers for the group to enter the Coal trade in 2008. Today, Emmsons, in sourcing coal from third parties is able to supply across the Asia Pacific region, specifically China and India to the various Power utilities, Steel Mills, Cement producers and Chemical plants.
The entry into the Coal Business was part of a clear strategy and a firm view that the activities in coal would not be restricted to just Trading, but acquiring good quality green field assets in the major resource rich regions. After carefully considering all the options, Indonesia was chosen by the group to make its first foray into Mining. Emmsons Gulf DMCC (an 100% subsidiary of the listed parent, Emmsons International Limited) entered into agreements to exclusively mine coal in the Kalimantan region of Indonesia. The agreements are not only restricted to mining, but are also linked to development of Infrastructure in the region by way of developing Roads, Jetty and an integrated Loading facility.
We are focused on developing and growing our mining portfolio to continue to meet the changing needs of the regions where our customer are based. The idea is for EMMSONS COAL to fuel not just today's growth, but growth that will occur years from now.