Sunday, March 14, 2010

India's Madhucon expands Indonesian coal assets

PT Madhucon Indonesia, a subsidiary of India's Madhucon Projects Ltd, has reportedly been granted a new coal mining business permit for coal expansion of 30,970 hectares in Muaradua in South Sumatra, Indonesia. Madhucon already operates a coal mine at Dawas in South Sumatra with reserves of 900 Mt. Madhucon is also in possession of a coal mine in East Kalimantan under a mining contract.

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