Cokal Partners with Cratus to Boost Coal Operations
19 Nov 2024
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Cokal
Limited has entered into a strategic partnership with Cratus Group to enhance
its coal sales, distribution, and transport infrastructure, significantly
boosting its operational capacity in Indonesia. This collaboration involves
forming an infrastructure joint venture and receiving a $20 million investment
from Cratus, aimed at maximizing the value of Cokal’s coal assets. By
leveraging Cratus’s expertise and market access, Cokal aims to expedite its
growth and benefit its shareholders.