Korea East-West Power to acquire E. Kutai coal mine
Monday, February 13 2012 - 04:28 AM WIB
By Denny H. Tarigan
South Korean power utility Korea East-West Power Co.,Ltd. (EWP) is expecting to complete due diligence to acquire a coal mine in East Kutai regency, East Kalimantan, an industrial source told Petromindo.Com.
EWP expects to complete the due diligence within this month. The mine is owned by Titan Mining, the source said, only adding that EWP will acquire ?some? of the stake in the mine, without giving further details.
Editing by David Mustakim