What is Cokal?
Founded in 1998 and headquartered in Sydney, New South Wales, Australia, Cokal is an enterprise focused on the identification, exploration, and development of metallurgical coal. The company's operational footprint includes interests in four key projects: Bumi Barito Mineral, Borneo Bara Prima, and Anugerah Alam Katingan, alongside an exploration tenement situated in Central Kalimantan, Indonesia. This strategic focus on coal resources positions Cokal within the global energy and materials market.
How much funding has Cokal raised?
Cokal has raised a total of $20M across 1 funding round:
Debt
$20M
Debt (2021): $20M with participation from International Commodity Traders
Key Investors in Cokal
International Commodity Traders
International Commodity Traders is a global entity specializing in the trading of physical commodities, with operations in major financial hubs. They focus on connecting suppliers and buyers while acting as both buyers and sellers of diverse products, emphasizing integrity and transparency.
What's next for Cokal?
The recent major strategic investment signals a pivotal phase for Cokal, likely enabling the company to accelerate its exploration and development initiatives. This enterprise-level backing suggests confidence from investors in Cokal's project pipeline and its capacity to navigate the complexities of the metallurgical coal market. Future endeavors will likely concentrate on expanding resource extraction, optimizing operational efficiencies, and potentially forging new market partnerships to leverage its asset base.
See full Cokal company page
