Thai miner Banpu’s pivot from coal takes it to Texas, EV batteries

BANGKOK — Thai mining company Banpu is accelerating efforts to curb its dependence on coal, investing $3 billion over six years in fields including carbon capture and electric vehicles to tap the global push toward decarbonization.

“We firmly believe that our Energy Symphonics strategy will set Banpu apart as a key player in enhancing energy security, advancing a low-carbon future, and delivering sustainable value to our shareholders,” CEO Sinon Vongkusolkit said at a recent news conference.