Cokal appoints additional mining contractor for the BBM mine

Cokal Limited (ASX: CKA) provided an update on the Bumi Barito Mineral coking coal mine. The company has appointed PT. Citarum Borneo Quantum as an additional mining contractor to provide mining services at the BBM Mine site. PT. Citarum Borneo Quantum will perform Open Pit Overburden mining services and has already started the mobilisation of mining equipment to the BBM Mine site.

Cokal Limited will realise various benefits from the appointment of CBQ as it will ensure that the BBM mine is able to be developed on time and first coal production to be delivered by the September 2022. It will also provide a lower-cost alternative to PT. Harmoni Panca Utama. Cokal Limited has appointed CBQ for a one-year period with the option for a 1-year extension.

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