TIA bags $8m loan from Mandiri
Thursday, January 10 2013 - 12:19 AM WIB
By Edgar Subroto
South Kalimantan coal miner PT Tunas Inti Abadi (TIA), a coal unit of PT Reswara Minergi Hartama has bagged US$8 million loan facility called ?uncommitted treasury line? from Bank Mandiri.
The loan will mature on April 2013.
TIA is expecting to produce around 4.5-5 million tons of coal this year, higher compared to last year's 3.3 million tons.
Editing by Er Audy Zandri