Cokal signs to develop ports, power
Listed coking coal junior Cokal has taken a step closer to first production at two of its 60 per cent-owned coal projects in central Kalimantan in Indonesia.
Listed coking coal junior Cokal has taken a step closer to first production at two of its 60 per cent-owned coal projects in central Kalimantan in Indonesia, after signing an agreement with local authorities to develop two river ports and two small-scale coal-fired power stations.
In a statement to the Australian Securities Exchange yesterday, the company said it had signed the agreements with the Murung Raya Regency and was aiming to be exporting coal from the region by mid-2013.
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