Baradinamika plans to produce 2 million tons

By Adianto P. Simamora

East Kalimantan miner, PT Baradinamika Muda Sukses, a subsidiary of Baramulti group plans to produce 2 million tons this year, increased from last year?s 1.5 million tons, from its concession in Tarakan, a source of the company said.

?We are expecting to ramp up the production to 3 million tons by 2013,? the source told Petromindo.com, adding that most of the coal would be exported to China at spot price.

The company has concession of 1,030 hectares of coal with the calorific value of between 5,200 kcal/kg and 5,600 kcal/kg. The source said that the company also has reserves of coal with the calorific value of 7,000 kcal/kg.

Editing by David Mustakim