Berau Coal production quota raised to 24.2m tons
Wednesday, August 27 2014 - 01:22 AM WIB
By Romel S. Gurky
The government has finally agreed to increase the 2014 production quota of IDX-listed coal mining company PT Berau Coal Energy Tbk to 24.2 million tons, in line with the company?s mine plan.
?After extensive discussions with the Ministry of Energy and Mineral Resources in Indonesia regarding PT Berau Coal's production quota for 2014, the quota has been increased by 1.85mt to 24.2mt for 2014,? said London-listed Asia Resource Minerals Plc (ARMS), which controls Berau, in a statement Tuesday.
?The company remains on track to achieve that level of production,? ARMS added.
Editing by Reiner Simanjuntak