Coal miner Indo Tambangraya Megah (ITMG) mulls to acquire new coal mining assets with longer age of production, from current average 7 years of age to 15 years average. It has in September this year acquired 70% stake in PT Tepian Indah Sukses at US$9.5 million value. Tepian Indonesia has coal concession rights (IUP) for 2,065 hectares (ha), with high calorie coal reserves of 4.7 million tons.To subscribe please click here
