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 - The Benefits of Entering

Gain the recognition you deserve! The Mining Technology Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now