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.

Cokal's BBM project set for December production Cokal's BBM project set for December production Cokal's BBM project set for December production Cokal's BBM project set for December production Cokal's BBM project set for December production

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.