COAL eyeing more concessions
Thursday, March 22 2012 - 12:50 AM WIB
By Hiski Darmayana
Coal miner PT Citra Omega Alam Lestari (COAL) unveiled plans to acquire a number of concessions in Central and East Kalimantan to expand its business.
"We are still in negotiation process right now," COAL director Harry Miarsono told Petromindo.com
Currently, the company has three coal concessions located in Paser, East Kalimantan, Kutai Timur and Lebak in Banten.
Hari has said that the company would start production next August with the expected 30,000 tons of coal per month from one of its concession.
Editing by Adianto P. Simamora