# Lygend Resources subsidiary buys portal cranes from Ningbo Lihua for $10.75M

Lygend Resources & Technology Co., Ltd. announced a connected transaction where its Indonesian subsidiary PT Karunia Permai Sentosa will purchase five portal cranes from Ningbo Lihua Port Machinery Heavy Industry Co., Ltd. for US$10.75 million. The cranes will be delivered by 31 August 2025 to Obi Island, Indonesia.

- Type: Contract
- Announced: 2025-03-28
- Where: Obi Island, North Maluku, Indonesia, Indonesia
- Value: $10.8M
- Status: announced
- Capacity: 40 tons per crane
- Products: portal cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Lygend Resources & Technology Co., Ltd.](https://endata.com/companies/83780.md)
- [PT Karunia Permai Sentosa](https://endata.com/companies/83781.md) (partner)
- [Ningbo Lihua Port Machinery Heavy Industry Co., Ltd.](https://endata.com/companies/83782.md) (supplier)

## Sources

- [petromindo.com](https://www.petromindo.com/news/article/lygend-resources-signs-equipment-purchase-agreement-with-ningbo-lihua), 2025-03-29: "This agreement, signed on 28 March 2025, will see Lygend’s Indonesian subsidiary acquire five portal cranes as part of its expansion plans."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.