KNOXVILLE, Tennessee, June 16, 2010 /PRNewswire/ --
The Energy Publishing Group announced today it has formed an advisory group to guide further development of its price indexes for Australian, Canadian and U.S. coking coals. The distinguished group of coal industry veterans includes: Peter Lilly, Neil Bristow and Ross Stainlay, each of whom is thoroughly familiar with both the technical aspects of and markets for coking coal in international trade.
Pete Lilly recently retired from his position as President of the Coal Group at Consol Energy. Prior to that he was Chief Operating Officer at Peabody, President of Kerr-McGee Coal and worked in other operations and marketing positions. In his career at Peabody and Consol, he was responsible for operations and marketing of the premium U.S. high vol and low vol coals that make up the CCH-Low(c) and CCH-High(c) indexes. Pete graduated from West Point, served in Vietnam and then returned home to graduate with an MBA from Harvard, going from there to the coal industry.
Dr. Neil Bristow is Managing Director of H&W Worldwide Consulting, a firm providing advice to the global coal industry. Prior to entering the consulting field, Neil was actively involved in the met coal industry for over 22 years. He worked for BHP Billiton in a range of areas such as coal technology and quality utilization, market forecasting, industry and price analysis and market strategy. He was Chief Analyst of BHP Billiton's Carbon Steel Materials Group in Singapore for over 8 years. Neil is a recognized expert in the coal industry who has chaired numerous conference sessions and presented papers on coking coal utilization and markets. He is thoroughly familiar with the premium Queensland coals that form the basis for the CCQ(c) index.
Ross Stainlay is a widely recognized expert in the preparation and utilization of coking coals. He has operated preparation plants and has been responsible for developing markets for newly-produced coals by finding the best fit with existing coke battery blends. With Jellinbah Resources, he pioneered the use of low volatile coals for PCI applications, opening a new market for Australian coals. His career includes technical jobs such as metallurgist and preparation plant manager as well as positions in marketing such as technical marketing manager and general marketing manager. Ross is currently Technical Marketing Manager for the consultancy Salva Resources Pty Ltd.
Energy Publishing has worked closely with key coal industry companies in the development of its three price indexes. This advisory group is expected to provide guidance on policies to meet changing industry conditions over time, and also to provide general guidance in the calculation of the index values as one of the guarantees the indexes will be accurate, unbiased and representative of the market.
Jim Thompson, +1-865-588-0584
