Indonesia Krakatau Steel in talks with Borneo Lumbung on coal supply

PT Krakatau Steel , Southeast Asia's biggest steelmaker, said on Thursday it is in talks with coking coal miner PT Borneo Lumbung Energi and Marunda Graha to help feed demand seen at 2.65 million of coal a year by 2014.


The firm is also considering buying equity stakes in Borneo Lumbung or Marunda to secure the supply.Source: Reuters