Cokal negotiates $67M for BBM project

COKAL has signed a term sheet for a finance package with Domain International Holdings to provide the company with a minimum $67 million in funding for the development of its Bumi Barito Mineral Coking Coal project in Indonesia.

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Cokal negotiates $67M for BBM project Cokal negotiates $67M for BBM project Cokal negotiates $67M for BBM project Cokal negotiates $67M for BBM project Cokal negotiates $67M for BBM project
Under the agreement, Domain is to provide Cokal with a debt and equity financing package sufficient to fully fund development of the BBM Coking Coal project to a capacity of 2 million tonnes per annum

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