Berau Coal on track to meet production target

By Cepi Setiadi

IDX-listed coal miner PT Berau Coal Energy Tbk that its subsidiary PT Berau Coal produced nearly 20 million tons of coal until the third quarter of the year and is on track to meet its full-year production target.

?We have produced almost 20 million ton up to third quarter and are on track to meet the full-year production target of 26.5 million tons,? he said adding the coal was produced from Lati, Binungan, and Sambarata mines in Berau Regency, North Kalimantan Province.

Arief said the company has no plan to revise its coal output target this year, despite the continued sluggishness of coal price.

Last year, according to Arief, Berau Coal produced about 24.2 million tons with Sambarata mine contributing 5 million tons, Binungan mine 9.3 million tons and Lati mine 9.9 million tons. Of the 2014 total output, 16 percent was absorbed by domestic market, 84 percent exported to China, Taiwan, India and some others Asian countries.

Editing by Johannes Simbolo