India's Madhucon expands Indonesian coal assets

PT Madhucon Indonesia, a subsidiary of India's Madhucon Projects Ltd, has reportedly been granted a new coal mining business permit for coal expansion of 30,970 hectares in Muaradua in South Sumatra, Indonesia. Madhucon already operates a coal mine at Dawas in South Sumatra with reserves of 900 Mt. Madhucon is also in possession of a coal mine in East Kalimantan under a mining contract.