Arsari Group scouts coal mines acquisition

Arsari Group, which is owned by Indonesia?s well-known businessman Hashim Djojohadikusumo is scouting for coal mines in South Sumatra and Kalimantan to acquire, the company?s official told Petromindo.Com.

The official said that the company is looking for greenfield or production mine anywhere in South Sumatra and Kalimantan. ?We need the mine with clean and clear status stated,? the official said.

Other criteria is that the mine has at least 20 million tonnes of reserve, the official said.

For further details please contact, Bambang S. Admadja, Investment Committee at bsa@arsari.co.id. (denny)