ABM unit seals $225 mln contracting deal for South Sumatera coal mine | INSIDER COMPANY 

(Insider Stories)-A contracting arm of coal miner PT ABM Investama Tbk sealed a $225 million deal at a coal mine in Musi Banyuasin South Sumatera province, it said in a statement Tuesday.

Under the five-year contract with coal Miner PT Realita Jaya Mandiri, PT Cipta Kridatama will provide overburden removal and heavy equipment leasing, it said.

Realita Jaya is a unit of PT Artha Sumatera Energi, which supplies most of its mining output to a coal-fired power plant in Banten province in western Java.

The contract was signed on Friday by Cipta Kridatama president director Boedi Santoso and Realita Jaya president director Arif Syaifuddin.

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