04
Jan
09:48
Cokal signs agency agreement for Indonesian coking coal
Australian-listed coal company Cokal Limited has selected Indonesia's PT Sumber Global Energy (SGE) as the exclusive sales agent for domestic Indonesian coal sales from its Bumi Barito Mineral coking coal project (BBM), Kallanish notes.
SGE will advance BBM a total of $2 million as consideration for Cokal's appointment. The valid period of this cooperation will be two years from the date of first delivery of coal to SGE. BBM has agreed to al…
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