KPC Divestment: "Who's Playing Around?"

July 10, 2001

Shown below in chronological order are the events that have taken place during the share divestment process of Kal-Tim Prima Coal (KPC), based on data gathered by TEMPO.

  • 8 April 1982: KPC signed coal work contract J2/Ji Du/16/82 with PN Tambang Batu Bara (PNTB) that covered exploration in Kutai, East Kalimantan. British Petroleum (BP, England) and Rio Tinto (Australia) jointly owned KPC, each with 50 percent. Paragraph 26 of the contract st

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