Adaro Energy update: Saptaindra Sejati (SIS) ? Mining Contracting
Tuesday, February 9 2010 - 01:46 AM WIB
The following is an excerpt from IDX-listed energy firm PT.Adaro Energy 's quarterly report released on Monday.
| Saptaindra Sejati (SIS) ? Mining Contracting | Units | FY09 | FY08 | % Change |
| Overburden Removal | '000 bcm | 114,987 | 85,799 | 34.0% |
| Coal Getting | Mt | 16.4 | 11.4 | 44.5% |
| Source: Adaro Energy's quarterly activities report | ||||
Saptaindra Sejati (SIS) ? Mining Contracting
SIS?s performance in FY09 was exceptional in terms of both overburden removal and coal getting despite the lower production volume in 1H09 due to lower sales demand.
Due to the recovery in the second half of 2009, over burden removal and coal getting increased in 3Q09 and increased even more so 4Q09. Overburden removal of 115kbcm was 34% higher than 2008 while coal getting of 16.4 Mt was 45% higher than 2008. (end of excerpt)