Power Capital Global sets up Indonesia coal trading unit

Saturday, September 29 2012 - 05:43 PM WIB

London-listed natural resources and logistic group Power Capital Global Limited reported on Friday that it has set up a thermal coal trading business unit in Indonesia.

The company said the JV was set up in August 2012.

The company also said that it was currently reviewing an opportunity to acquire the operation of an established road haulage network and barge loading facility serving thermal coal producers in adjacent concession areas in East Kalimantan.

It did not give further detail.

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