COMPANY ACTIVITY

Cokal raises $1.5M for BBM development

COKAL has tapped sophisticated and professional investors to raise $1.5 million to develop the next phase of its BBM coal mine in Indonesia, which will deliver an additional 600,000 tonnes per annum of premium quality pulverised coal injection coal.

Lou Caruana

  “Cokal has successfully developed the initial mining area at the company’s BBM Coal Mine in Indonesia, with a design capacity of 120,000 tonnes per annum of premium quality PCI Coal,” it said. “Cokal...

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