Coal miner Atlas Resources (ARII) took a down payment of US$15 million loan facility from global commodity firm Hartree Partners Singapore Pte Ltd. The amount will be used to purchase capital goods for mining. ARII plans to boost its coal export by fourfold this year to 400,000 tons from Rp100,000 tons last year. ARII suffered loss of US$3.3 million in the first quarter (Q1) of this year on revenues of US$8.77 million. Coal sales to state electricity firm Perusahaan Listrik Negara (PLN) jumped to US$7.15 million from US$2.12 million previously.To subscribe please click here