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(“COAL”) is an investment holding company whose primary purpose is to engage in the acquisition of companies specializing in the exploration, development, and mining of coal and other energy related businesses in the Philippines and around Asia.

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Philippines – Resources and power: Although the Philippines is rich in mineral resources, mining activities constitute only a small portion of GDP and employ an even smaller fraction of the population.

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The Consunji family controls about 92 percent of coal mining business in the Philippines. The company also exports coal to many countries. The latest project of Consunji’s coal-mining business is the DPC’s 15-megawatt coal-fired power plant in Palawan.

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