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Tuesday, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL


COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to international destinations excluding Japan and Malaysia, said Noble's website.

Noble's web site further said, PT. Berau Coal currently mines coal in East Kalimantan, and is Indonesia’s fifth largest producer with targeted total production in 2014 of 30 million metric tonnes.

The Noble marketing agreement extends for the life of the PT. Berau Coal assets, with Indonesian domestic sales by PT. Berau Coal (accounting for about 30% of total production) continuing to be marketed by PT. Berau Coal directly, and with export sales to Japan continuing to be handled by Sojitz Corporation (a 10% shareholder in PT. Berau Coal).

Noble will co-ordinate the marketing of PT. Berau Coal product from its Singapore office and will immediately utilise its extensive global network of offices to market PT. Berau Coal production directly to the end consumer.

Noble will be responsible for the contract management of all current and future export coal sales agreements (excluding Japan and Malaysia) and will be closely integrated with the PT. Berau Coal logistics team to provide a world class execution service.



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Monday, 08 November 10
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Sunday, 07 November 10
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Saturday, 06 November 10
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