Australia's Cokal rises as co signs coal transport agreement in Indonesia

Cokal

04/10/2024 04:47

** Shares of Cokal  CKA.AX  rise 5.2% to A$0.081, on track
for their best day since Sept 25, if current gains hold
    ** The coal firm enters into an agreement with Pt Stanley
Mitra Abadi to transport coal products from BBM Mine in
Indonesia
    ** Co says to have also commissioned steel bridge near the
mine on Mohing River and expect to be completed by December 2024
    ** CKA stock down 35% YTD, including current session
    
    

 (Reporting by Kumar Tanishk in Bengaluru)
 ((Tanishk.Kumar@thomsonreuters.com;))