Selasa, 02 Juni 2009

GlobalCoal Thai Banpu Indonesian unit seeks coal mining acquisition

NUSA DUA, Indonesia, June 2 (Reuters) - The Indonesian unit of Thai Banpu (BANP.BK) wants to acquire a coal mine in Indonesia to boost production, a company official said on Tuesday.

Apimuk Taifayongvichit, chief marketing and logistics planner of the unit, PT Indo Tambangraya Megah (ITMG.JK), said it is looking for a mine in Indonesia's Kalimantan region.

Banpu has the capacity on its balance sheet to fund an acquistion, Apimuk told Reuters on the sidelines of Coaltrans conference.

source: Reuters 02 June 2009

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