PT Multi Harapan Utama (MHU) has agreed to cooperate in buying and selling coal with Shaanxi Shaanmei Supply Chain Management Co, Ltd. The moment for the signing of the Memorandum of Understanding (MoU) between the two parties was held at the Shangri-La Hotel, Jakarta, represented by Marketing Division Head MHU Saly Putra and President Director Shaanmei Li Ce.
The MoU indicates the commitment of both parties to cooperate in buying and selling coal throughout 2024.
MHU, as one of the coal mining companies operating in East Kalimantan, will supply 1.5 million metric tons of coal to Shaanmei, which is one of the largest coal importers in China.
“The Chinese market is one of the largest coal markets in the world, and this collaboration opens up great opportunities for MHU to increase export volumes and strengthen our position in the global market. “This is in line with MHU’s vision to become a progressive and leading coal producer in Indonesia,” said Saly Putra.
Furthermore, Saly Putra explained that MHU had achieved the company’s sales targets in the last few years.
“In 2022, MHU will succeed in penetrating the Chinese market and become one of the top three coal exporters through collaboration between the Indonesian Coal Mining Association (APBI) and the China Coal Transportation and Distribution Association (CCTDA) which is facilitated by the government. “The signing of this MoU is clear evidence of MHU’s trust and credibility in the international market, especially in China.”
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Li Ce also welcomed this synergy. “We believe that MHU can be a reliable partner and are confident that this collaboration will provide significant benefits for both parties,” his reflection shows hope for the results that will have a broad impact from the collaboration.
This partnership not only marks MHU’s innovative steps in the global arena, but also strengthens bilateral trade ties between Indonesia and China, with a projected significant contribution to the economies of both countries.
MHU has set a positive vision to increase export volumes to China, which reflects their commitment to job creation to encourage sustainable business improvement and growth that is in harmony with social welfare in Indonesia. (RO/Z-1)
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