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Cokal’s JV Partner Secures A$238m to Boost Coal Transport and Production
7:03pm on Monday 2nd of June, 2025 AEST
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Mining
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Cokal’s JV Partner Secures A$238m to Boost Coal Transport and Production
7:03pm on Monday 2nd of June, 2025 AEST
Key Points
PT Petrindo raises IDR 2.4 trillion (A$237.8m) for mine and infrastructure development
Joint venture enables co-development and sharing of coal transport infrastructure
Two successful BBM metallurgical coal shipments to China completed
Infrastructure upgrades expected to reduce coal delivery costs per tonne
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