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. The Company is a major fuel supplier to the New South Wales energy industry, fuelling approximately 46% of the State’s coal-fired electricity.
Centennial sells approximately 30 – 35% of its coal into the export market. Coal is exported through ports at Newcastle and Port Kembla in NSW. Customers include power stations and steel mills in Taiwan, Japan, Korea, India and Europe.
We are securing our future through organic growth at existing operations and focused portfolio management – including acquisitions, divestments and focused exploration.
Through this strategy we have grown our market capitalisation to over $1.0 billion and during the 2009 financial year elevated into the S&P/ASX 100 Index. As at 30 September 2009, we had approximately 13,700 Shareholders and 1,700 employees. Centennial is the largest independent coal company in Australia in terms of production and has 9 coal mines in NSW, making it one of the largest underground coal producers in NSW.