Indonesian firm AKR Corporindo is planning to invest $100m to expand its operations in the country and acquire a coal-mining plant in Kalimantan.

AKR Corporindo’s president and director Haryanto Adikusumo said the firm will spend some of the funds on constructing roads and coal terminals in the Kalimantan area.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

The firm is currently building a coal terminal at Timbau Bay in Kalimantan to transport coal to overseas markets such as China.

AKR is expecting to increase its coal sales from 200,000t to 1.2Mt in 2012, reports Jakarta Globe.

Mining Technology Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Mining Technology Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now