INDONESIA Churchill Mining sign Memorandum of Understanding with PLN subsidiary

摘要

Churchill Mining Pic is pleased to announce that it has signed a Memorandum of Understanding (MOU) with a subsidiary of PT Perusahaan Listrik Negara (PLN), the Indonesian state electricity firm. Under the MOU, PLN-Batubara (PLN-B) will review the purchase of up to 5 million tpa of coal from Churchill. This additional coal production would be over and above the 20 million tpa already planned for mining in the northern area of the project, significantly increasing Churchill's forecast coal sales.