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How Will Cokal’s $15M Debt Boost Transform BBM Coal Production?

10:12am on Wednesday 11th of June, 2025 AEST 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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