GEMS bags coal supply deal with Sakari?s unit
Monday, December 5 2011 - 02:51 AM WIB
East Kalimantan coal miner PT Jembayan Muarabara, a coal unit of Singapore-listed coal miner Sakari Limited sealed a deal to supply 400,000 tonnes of coal to Indonesia-listed coal miner PT Golden Energy Mines'(GEMS) trading unit, an industrial source told Petromindo.Com.
The coal supply will be effective starting in January for a period of 1 year, the source said. The price is based on the current government?s reference price (HBA).
Jembayan will supply the coal to GEMS with calorific value of 5,400 kcal/kg (GAR). (denny)