The Government of Indonesia terminated its coal mining concession agreement (PKP2B) with PT Asmin Koalindo Tuhup (AKT), a subsidiary of PT Borneo Lumbung Energi & Metal Tbk (BORN) belonging to Samin Tan last year. Concerns emerged after the decision was published, one of which was the sustainability of BORN. Perhaps that’s why AKT decided to file a lawsuit against the Government. On January 23, 2018, news spread that AKT won the lawsuit but that turned out to be false rumor.To subscribe please click here
