United Tractors finalizes acquisition of new coal mine

Saturday, May 22 2010 - 03:07 AM WIB

Jakarta-listed heavy equipment company PT United Tractors is finalizing its plan to acquire a greenfield coal mine in Central Kalimantan, company corporate secretary Sara Loebis said on Friday.

She said that the coal mine is close to the company?s Tuah Turangga Agung (TTA) coal mine, and has a reserves about the same as TTA?s 40 million tons.

She did not provide more details. (denny)

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