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An announcement from Cokal ( (AU:CKA) ) is now available.
Cokal Limited has announced the mobilization of PT Harapan Mitra Lestari as the mining contractor for its BBM Project, marking a significant step towards full-scale operations. The deployment of equipment and personnel to the site is a crucial milestone in the company’s strategy to increase production in response to improving market conditions for metallurgical coal.
More about Cokal
Cokal Limited is a company operating in the mining industry, primarily focused on the extraction and production of metallurgical coal. The company is engaged in projects in Central Kalimantan, Indonesia, and aims to align its operations with market demands for sustainable growth.
Average Trading Volume: 558,277
Technical Sentiment Signal: Sell
Current Market Cap: A$45.32M
Find detailed analytics on CKA stock on TipRanks’ Stock Analysis page.