SURFACE

Cokal's BBM project set for December production

COKAL will sell a minimum of 8 million tonnes of coal from its BBM mine in Indonesia over eight years with first delivery expected in December under a US$20 million funding agreement with International Commodity Trade.

  This fully funds the BBM project of which Cokal holds a 60% interest.

This fully funds the BBM project of which Cokal holds a 60% interest.

Cokal concluded two binding agreements: a capital participation agreement; and an international coal marketing agreement. Those agreements will fund the development of the Central Kalimantan project...

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