middle.news

Cokal’s JV Partner Secures A$238m to Boost Coal Transport and Production

2:44pm on Wednesday 22nd of January, 2025 AEDT Mining
Read Story

Cokal’s JV Partner Secures A$238m to Boost Coal Transport and Production

2:44pm on Wednesday 22nd of January, 2025 AEDT
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
Read Story
middle.

Tap to Read

Tap the card to read the full analysis
about Cokal (ASX:CKA)
OPEN ARTICLE