Cokal: Continues rapid development of BBM coking coal mine

Cokal Continues rapid development of BBM coking coal mine

• Cokal’s (CKA) first sealable coking coal production from the Bumi Barito mineral coking coal mine in Indonesia is on track for September 2022
• The site, held jointly by Coka l and the Government of Indonesia, is being rapidly developed, with equipment from mining contractor Citarum Borneo Quantum (CBQ) continuing to arrive on site
• The equipment joins the key personnel and first batch operations team from CBQ, which have already been deployed to the site
• The company’s mining contractor is scheduled to commence operations in late August, starting with overburden removal
• The company shares are up 2.27 per cent and trading at 23 cents at 1:50 pm AEST