Jakarta - PT Petrosea Tbk (PTRO) won a cooperation contract for a bauxite project of US$ 100 million.

Director of PTRO Meinar Kusumastuti said the contract was obtained by the company from PT Mekko Metal Mining.

"The contract period is 5 years," he said in information disclosure in Jakarta, Friday (3/12).

The type of contract is the addendum No. 1 cooperation agreement for the bauxite project.

Through this contract, it can provide additional income and strengthen the company's financial condition.