Adimitra looks for buyers for uncontracted coal
Monday, October 12 2009 - 06:06 AM WIB
East Kalimantan coal miner PT Adimitra Baratama said it is still looking for customers to buy its uncontracted coal production for 2010.
Director Arthur Simatupang told Petromindo.com on Monday that Adimitra will produce 3 million tones of coal next year, 1.8MT of which have been contracted to two traders.
?We don?t want to depend only on two buyers,? he said. The company has signed term coal supply deal with Flame SA and Vitol.
Simatupang said foreign and domestic buyers are welcome to buy the company?s coal.
The company?s has JORC-compliant reserves of 37 MT with resources of more than 100 MT with CV of 5,800-6,300Kcal/kg (ADB).(denny)