middle.news

Cokal Secures US$7 Million Coal Prepayment Facility to Boost Indonesian Operations

7:03pm on Monday 2nd of June, 2025 AEST Mining
Read Story

Cokal Secures US$7 Million Coal Prepayment Facility to Boost Indonesian Operations

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • US$7 million Coal Prepayment and Offtake Facility executed with Cratus Group
  • Initial tranche of US$3 million received to support coal production
  • Strategic partnership includes US$20 million total investment, with US$13 million into infrastructure joint venture
  • Facility structured over 30 months with quarterly coal deliveries and repayment
Read Story
middle.

Tap to Read

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