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Tuesday, 11 October 11
RENUKA COALINDO BUYS JAMBI COAL


PT Renuka Coalindo Tbk,  formerly PT Allbond Makmur Usaha Tbk plans to acquire PT Jambi Prima Coal holder of mining concession in Pauh, Sarolangun regency, Jambi province, according to media reports in Indonesia. Sharad Ugrankar, Director of Renuka Coalindo, in an official announcement filed to Indonesia Stock Exchange lastweek said the company has entered into a share sale and purchase agreement with PT Surya Commodities, owner of Jambi Prima Coal. PT Renuka Coalindo Tbk  is a subsidiary of Renuka Energy Resource Holdings (FZE).

Insider stories reported that, Jambi Prima is a company that is holding a coal business license of concession in Pauh, Sarolangun, Jambi, Sumatra. However, the announcement hasn't declared yet about the acquisition price.



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Friday, 09 September 11
SUPRA BARA SECURES $20 MILLION LOAN - JP
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Friday, 09 September 11
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Thursday, 08 September 11
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Industrial fuels & power reported that, Ukraine will increase its coal output by about 8% this year compared to last year, said the country&rsqu ...


Thursday, 08 September 11
DRY BULK MARKETS RALLY COMES TO AN END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As was widely expected by analysts and shipbrokers alike, the latest rally of the dry bulk market came to a halt yesterday, with the Baltic Dry Inde ...


Thursday, 08 September 11
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