JAKARTA (Yosefardi) – State coal producer PT Tambang Batubara Bukit Asam Tbk, through its susidiary PT International Prima Coal (IPC), has acquired 2 coal companies (PT Tabalong Prima Resources and PT Mitra Hasrat Bersama, for US$36 million.
The acqusition agreement was signed in May 28, 2015. Prima Resources now has coal resources of 292 million tons and coal reserves of 109 million tons.
While Mitra Hasrat now operate one port, has loading and unloading facility, and hauling road facility.