(EnergyAsia, June 4, Thursday) — Two international mining firms have set their eyes on acquiring a controlling stake in Indonesian coal miner PT Berau Coal. US-based Peabody Energy and Switzerland’s Xstrata are believed willing to pay up to US$1 billion for a controlling stake in Berau. The stake is being auctioned off by a consortium…
INDONESIA: Firms eye controlling stake in coal miner PT Berau
Posted on June 3, 2009 by EnergyAsia