Malaysia firm bags 3 MTPA of coal supply deal

Thursday, December 8 2011 - 07:02 AM WIB

Malaysian-listed firm Sanichi has reached an agreement with Permata to secure committed supply of a minimum of 3 MTPA of coal for a period of two years, starting December 6, 2011

Under the deal, Sanichi commits to undertake business development activities to market and distribute the coal supplied by Permata.

Permata is a private limited company incorporated in Indonesia with business address at Jalan Transmigrasi GG, Anda RT 36, No. 109, Simpang Empat-Tanah Bumbu, South Kalimantan. Permata is principally involved in the business of coal mining and supply of various coal products.

Sanichi did not give further details. (romel)

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