Nov 11, 2010

Maple, Noble act Berau agents

Indonesia's fifth largest coal miner PT Berau Coal Energy Tbk (BRAU) confirmed that Maple Holdings and Noble Group act as marketing agents for Berau.
"Both are currently marketing agents for Berau Coal. We welcome to them," said Berau Coal Energy Director Y.A. Didik Cahyanto during a public expose today.
Regarding to marketing rights of Berau Coal claimed by PT Bumi Resources Tbk, he needs to clarify first to its shareholder.
Berau Coal Energy ha set a production target of 20 million tons of coal in 2011 and 30 million tons in 2014.
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