新闻
Geo Energy: Makes Strategic Entry Into High-Value Coking Coal Market, Signs Binding Term Sheet To Acquire Majority Stake In Concession Holder With Indicative 2P Reserves Of 20-25 Million Tonnes Of Hard Coking Coal.
01 Apr 2026 12:20Secures entry into premium hard coking coal market, a highly sought resource that commands a significant global price premium. The proposed acquisition of 50.61% of PT Mutiara Hitam Sukses, which wholly-owns PT Harfa Taruna Mandiri, is value-accretive with minimal upfront commitment and transformational as it diversifies the Group's asset portfolio and revenue stream from thermal to coking coal. The transformation will have significant positive long-term impact to the Group's financial performance, similar to the Group's Integrated Infrastructure...
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Source: ShareInvestor Express
