Adaro cuts 2010 coal output target

Listed energy firm PT Adaro Energy Tbk said on Thursday that it would revise downward its 2010 coal output from its South Kalimantan coal mine PT Adaro Indonesia to 42-43 million tons from 45 million tons due to the unusual and unseasonably bad weather condition.

?Production in third quarter tends to be above average, however due to the unusual and unseasonably bad weather, production decreased in 3Q10 to 10.22 million tons, which was lower than the 11.36 million tons of 1Q10 and the 10.26 million tons of 2Q10,? the company said.

Production in the January-September period reached 31.84 million tons, higher 12 percent compared to the same period of last year. (denny)

	Units	3Q09	3Q10	%Change
Productions	Mt	10.48	10.22	-2%
Sales	Mt	11.15	10.61	-5%
	Units	9M09	9M10	%Change
Productions	Mt	28.47	31.84*)	12%
Sales	Mt	28.98	32.36**)	12%
Note: *) Include coal production from Envirocoal-Wara of 1.46 Mt
**)Include the third party coal sales sold by Coaltrade of 0.49 Mt and Envirocoal-Wara of 0.89 Mt