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Aussie firm eyeing Indonesian coal project

Wednesday, May 27 2009 - 09:58 AM WIB

Australian firm Kangaroo Metals Limited said on Wednesday it was in advanced negotiation with a ?reputable? coal producer in Indonesia with a view to form JV to embark on coal project in the country.

The company said it expected to formalize the negotiation in the coming days.

It did not give further detail. (alex)

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