Petrosea signs service conract with Indonesia Pratama
Friday, June 27 2014 - 03:08 PM WIB
Romel S. Gurky
IDX-listed mining service company PT Petrosea Tbk announed on Friday it had signed a mining sevice contract with coal mining company PT Indonesia Pratama.
The contract lasts seven years, starting in the fourth quarter of 2014. The contract involves the removal of 71.9 million bank cubic meters (bcm), lease of equipment, hauling of 65.5 million tons of coal from pit to intermediate crushing facility at the mine location, the firm said in a statement filed with the Indonesian Stock Exchange.
The firm did not provide details on the location of the mine.
Editing by Johannes Simbolon