PTBA eyes new Kalimantan coalmining projects
Saturday, March 8 2003 - 02:42 AM WIB
State coal mining firm PT. Tambang Batubara Bukit Asam is evaluating offers to buy several advanced-stage coal-mining prospects in South and East Kalimantan, a company official said.
?PTBA is offered to put stake in several prospect, but we have yet come to a decision,? corporate secretary Milawarma said without giving specific details.
Milawarma said PTBA is keen to acquire new coal mining projects with production capacity of between 1 to 5 million tons annually. (alex)