Delta Dunia completed the acquisition of Atlantic Carbon Group for $122m.

Delta Dunia, a mining companies holding company, completed the acquisition of Atlantic Carbon Group, an anthracite mining and processing company, for $122m. "We are proud to have successfully completed this acquisition, marking a critical milestone in our strategic expansion and diversification efforts. The long lifespan of ACG's four active mines, sufficient to support over 25 years of mining and capable of supporting the production of up to 25m tons of LC Steel annually, coupled with market strong market demand for UHG anthracite, positions us well for sustained future growth. This acquisition enables ACG and BUMA’s operations in Indonesia and Australia, along with our adjacent businesses, to synergistically leverage their extensive experience, best practices, and innovative approaches in safety, mining operations, and management," Ronald Sutardja, Delta Dunia President Director.