ABM to export 360,000 tons to China, Thailand
Tuesday, May 15 2012 - 09:27 AM WIB
By Hiski Darmayana
Indonesia listed integrated coal mining company PT ABM Investama Tbk through its coal mining subsidiary, PT Reswara Minergi Hartama (Reswara) has signed sales contract with a coal trader Coeclerici Group.
Under the agreement signed by President Director of Reswara Harry Asmar and Director of Coeclerici, Urbano Clerici on Friday in Singapore, ABM would sell 360,000 tons to China and Thailand markets.
Reswara has secured sales contract for 75 percent of its expected output of 4.5 million tons this year.
Editing by Adianto P. Simamora