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Kangaroo leaps into Indonesia

Kangaroo Resources owns, or is in the process of negotiating interests in three separate coal projects in Indonesia, which have a total resource inventory of 555 million tonnes.

Trevor Hoey

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Kangaroo Resources said on Tuesday morning that it expected to produce at least 1 million tonnes of coal by the end of 2010-11. However, the focus is more on the company’s outlook over the next three years, and this could attract investors in a hot sector.

Kangaroo Resources owns, or is in the process of negotiating interests in three separate coal projects in Indonesia, which have a total resource inventory of 555 million tonnes. All are in the East Kalimantan province, which is renowned for large-scale coal production.

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    Original URL: https://www.afr.com/companies/mining/kangaroo-leaps-into-indonesia-20101130-iu7ww