PT Multi Tambangjaya Utama (MTU), coal concession holder controlled by Indika Energy (INDY), has recently signed a six-year US$108 million mining services contract with PT Mitra Abadi Mahakam (MAM). Indika said MAM is not affiliated to the group. So, who’s behind MAM? Will it help Indika, given price paid by the company in the acquisition of MTU?To subscribe please click here
