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Kangaroo gains entry to Indonesia

Jamie FreedSenior Reporter
Updated

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It has been a big week for Indonesian coalminer Kangaroo Resources .

The company had signed a deal in December to acquire the giant Pakar project, with resources of 3.1 billion tonnes of thermal coal from PT Bayan Resources, giving the Indonesian company a 56 per cent stake in locally listed Kangaroo.

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Jamie Freed writes on business specialising in aviation, tourism, travel. Based in our Sydney newsroom, Jamie has 10 years experience as a journalist. Connect with Jamie on Twitter.

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    Original URL: https://www.afr.com/companies/mining/kangaroo-gains-entry-to-indonesia-20110615-icdbg