Nullarbor eyeing Indonesia coal mines

Australian firm Nullarbor Holding said on Monday that it was in talks several parties to acquire thermal coal mining concessions in Indonesia.

?The company is at present negotiating with various Indonesian companies and individuals to acquire their thermal coal mining concessions or licenses and also to JV with them to develop and exploit their coal mining and licenses,? the company said.

The company did not give further detail.

The company is also in talks to acquire oil, gas and coal-bed methane projects in Indonesia and China. (denny)