Jakarta, 6 March 2024 – PT Petrindo Jaya Kreasi Tbk. (“Petrindo”) signs a Memorandum of
Understanding with Cokal Limited, a coal mining company publicly listed in ASX Australia.
This MoU signifies a strategic partnership aimed at infrastructure development and optimizing coal
transportation in Central Kalimantan.
Daniel Laurente Jr, Director of Petrindo, expressed his enthusiasm, stating, “We are thrilled to embark
on this collaboration with Cokal Limited in Murung Raya Regency, Central Kalimantan. This initiative
provides an acceleration to start and increase both of coal mining assets, owned by Petrindo and Cokal.
This underscores our unwavering dedication to enhancing operational efficiency and supply chain
integration, ultimately delivering added value to our stakeholders.”
The MoU also strengthens Petrindo’s supply chain integration and operational efficiency of PT Daya
Bumindo Karunia, which is located side by side with PT Bumi Barito Mineral owned by Cokal. Access
to infrastructure is key to Petrindo’s operation and through the MoU, Petrindo will significantly
optimize its transportation efficiency in its operational areas.