Mitrabara signs coal supply deal with Brooklyn

By Romel S. Gurky

IDX-listed coal mining firm PT Mitrabara Adiperdana Tbk announced it had on November 6 signed a new coal supply agreement with affiliate firm Brooklyn Enterprise Pte Ltd for the supply of about 30,000 tons of coal.

Mitrabara said in a statement delivery will take place from December 4 to 10 of this year. The company did not disclose the value of the deal.

Mitrabara operates coal concessions in Malinau Regency, North Kalimantan. The firm aims to boost production to 4 million tons this year from 2.5 million tons last year. The company, part of Baramulti Group, and its subsidiary PT Baradimika Mudasukses has accumulative 43.1 million tons of coal reserves.

Editing by Reiner Simanjuntak