ATPK ships 197kt tons of coal in Feb.
Monday, April 1 2013 - 02:37 AM WIB
By Edgar Subroto
IDX-listed PT ATPK Resources Tbk has shipped 197,762 tons of coal during February 2013, lower compared to the previous month of 273,000 tons from its coal unit PT Mega Alam Sejahtera (MAS) at Berau Regency, East Kalimantan, the company has said.
Despite being lower compared to the previous month, it was higher compared to the company?s target, which was set at 125,000 tons per month.
The company is selling its coal under offtake deal to Balikpapan-based coal mining firm PT Bara Jaya Utama. MAS produces coal with CV 4500-5100 kcal/kg (ADB).
For the full year 2012, the company produced 850,000 tons of coal, up about 170,000 tons from 2011 period.
Editing by Reiner Simanjuntak