Cokal Limited (AU:CKA) has released an update.
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Cokal Limited has solidified its revenue streams by chartering 8,000-tonne capacity coal barges, ensuring ongoing product coal deliveries to customers, with two shipments totaling 15,300 tonnes sent this quarter. The company is expanding its BBM metallurgical coal production by bringing in additional mining fleets and is entering a strategic partnership with PT Petrindo for coal transport infrastructure development. Infrastructure improvements include upgrading haul roads and developing a permanent jetty, supporting the anticipated increase in BBM production.
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