Sakari, GEMS in coal supply deal talks
Tuesday, November 29 2011 - 02:37 AM WIB
East Kalimantan coal miner PT Jembayan Muarabara, a coal unit of Singapore-listed coal miner Sakari Limited is in coal supply talks with Indonesia-listed coal miner PT Golden Energy Mines'(GEMS) trading unit, an industrial source told Petromindo.Com.
The negotiation is expected to be concluded before year end, the source said.
Jembayan is planning to supply around 400,000-500,000 tonnes of coal to GEMS? trading unit, starting in early next year, the source said. The deal is just for one year period.
?Jembayan has sent a trial shipment to GEMS,? the source said. (denny)