BHP Billiton sells Indonesian coal assets to JV partner

June 7, 2016

Responsive image

Diversified mining group BHP Billiton has completed a strategic review of its Indonesian coal assets and has decided to sell its 75% interest in IndoMet Coal to equity partner PT Alam Tri Abadi (Adaro).

IndoMet Coal comprised seven coal contracts of work, one of which hosted the one-million-tonne-a-year Haju mine, which entered into production last year and achieved its first shipment in March 2016.

Category: General