BRISBANE, Indonesia Today - Adavale Resources Ltd, a company controlled by Haryono Eddyarto, is currently in talks with two parties to jointly develop the Tapan Coal Project, West Sumatera.
Adavale has previously been approached by a number of parties interested in the project and it seems Adavale has shortlisted two parties.
“The company is now reviewing its options and discussions are being held with two parties who have expressed strong interest in the project,” Adavale said on its quarterly report.
Meanwhile, Adavale, through its subsidiary PT Adavale Harner Resources, is in the process of initial investigations and evaluation on 3 projects in East Kalimantan. The projects claimed to have potential logistics opportunities
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