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Cokal Secures A$238M Financing and Boosts Infrastructure to Accelerate BBM Coal Production

4:26am on Monday 2nd of June, 2025 AEST Mining
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Cokal Secures A$238M Financing and Boosts Infrastructure to Accelerate BBM Coal Production

4:26am on Monday 2nd of June, 2025 AEST
Key Points
  • PT Petrindo secures IDR 2.4 trillion (A$237.8M) financing for coal mine and transport infrastructure
  • Completion of semi-permanent steel bridge over Mohing River enhances haul road capacity
  • US$7 million coal prepayment and offtake facility executed with Cratus Group
  • Ongoing haul road and jetty upgrades to improve logistics efficiency
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