29th December 2014, Jakarta, Indonesia
PT ABRG Indonesia (ABRG) have announced that it has recently signed an Offtake Agreement with CV Asia Pacific.
The Agreement will see PT ABRG Indonesia procure ore stockpiles in Java, Indonesia as feedstock for ABRG's new Nabi Ayoub Refinery in Tangerang, Banten. Having completed geological surveys throughout Java recently, ABRG will use the tie up with small co-operative mining groups as a springboard to future mining activity and development of a full precious metals refinery, to be developed in phases during 2015-2017.
Notes for editors
PT ABRG Indonesia is a miner, smelter, and refiner of precious metals. It operates through a network established in more than 120 countries. Founded in 2011, the company has offices in Indonesia, Malaysia, and Hong Kong. Further information can be obtained by contacting firstname.lastname@example.org