Coal miner Bukit Asam eyes Tuhup mine amid corruption scandal
The Jakarta Post-Business·2020-07-17 18:42
Coal mining heavyweight PT Bukit Asam (PTBA) has expressed a desire to acquire a lucrative coal mine in Tuhup, Central Kalimantan, to increase and diversify its coal reserves, amid an alleged bribery case implicating the mine’s former owner.
As a state-owned enterprise (SOE), Bukit Asam has the privilege of first pick to the mine, which was formerly operated by coal mining heavyweight PT Asmin Koalindo Tuhup (AKT), said PTBA’s newly appointed corporate secretary Apollonius Andwie on Tuesday.
……Read full article on The Jakarta Post-Business
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