MINES

Cokal's BBM Anak makes its maiden sale

COKAL has completed the first coal sale from its BBM Anak site in Central Kalimantan, Indonesia, and aims to produce up to 10,000 tonnes per month of high calorific value, low-volatility pulverised coal injection coal to be initially sold to local buyers on a stockpile basis.

Lou Caruana
Cokal's BBM Anak site in Central Kalimantan, Indonesia.

Cokal's BBM Anak site in Central Kalimantan, Indonesia.

It has also negotiated terms with Renjian International Trading to provide 2.5 million tonnes of coal through a $400 million offtake agreement.  Under the letter of intent agreement, Cokal will potentially...

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