Adaro Energy update: PT Saptaindra Sejati (SIS) ? Mining Contracting

Tuesday, August 5 2014 - 12:38 AM WIB

The following is an edited excerpt from IDX-listed energy firm PT. Adaro Energy's quarterly report released on Monday. (ed)

PT Saptaindra Sejati (SIS)
In 2Q14, AI remained SIS?s largest customer, accounting for 66% of SIS?s total overburden removal and 73% of its coal hauling volume. SIS continued to prioritize Adaro over servicing new third party business. SIS conducted its coal hauling debut activity at Balangan after carrying out pre-stripping activities and mine construction works in early 2014. (end of edited excerpt)

  Units 2Q14 2Q13 2Q14 vs. 2Q13 1H14 1H13 1H14 vs. 1H13
Overburden Removal Mbcm 43.96 42.76 3% 82.55 78.93 5%
Adaro Indonesia Mbcm 28.52 26.57 7% 53.20 48.55 10%
Balangan Coal Mbcm 0.89 - - 0.89 - -
Others Mbcm 14.55 16.19 (10)% 28.46 30.38 (6)%
Coal Hauling Mt 7.22 7.23 0% 14.45 13.23 9%
Adaro Indonesia Mt 5.20 5.18 0% 10.58  9.22 15%
Balangan Coal Mt 0.12 - - 0.12 - -
Others Mt 1.90 2.05 (7)% 3.76 4.01 (6)%

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