Noble Group eyeing Indonesian coal ventures

Wednesday, September 14 2005 - 03:30 AM WIB

Commodity trader Noble Group Ltd. may buy coal mines in Indonesia to accelerate its investment in the Southeast Asian country, Chief Executive Richard Elman said as quoted by Bloomberg Wednesday.

According to the report, the company is searching for investments in Indonesia to add to stakes the company owns in a group of mines in Kalimantan.

The report gave no further detail. (*)

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