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How Will Cokal’s $15M Debt Boost Transform BBM Coal Production?
10:12am on Wednesday 11th of June, 2025 AEST
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Mining
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How Will Cokal’s $15M Debt Boost Transform BBM Coal Production?
10:12am on Wednesday 11th of June, 2025 AEST
Key Points
US$15 million strategic debt funding secured from major shareholder Eddie Chin
Funding aimed at expanding BBM mine production and transport infrastructure
Termination of all agreements with Cratus over unmet commitments
Recent resumption of domestic coal shipments amid challenging market conditions
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