BHP Billiton Indonesian coal output up in Q2 2001
Tuesday, July 31 2001 - 06:11 AM WIB
BHP Indonesian unit gross combined output from PT Arutmin Indonesia and PT BHP Kendilo during the second quarter of 2001 was 3.311 million tons, as against 2.710 million tons in the corresponding period of last year.
BHP?s combined gross coal output during January-March quarter was 2.941 million tons.
PT Arutmin, which operates Senakin and Satui mines in South Kalimantan, is 80 percent owned by BHP Billiton, while the remaining 20 percent stake is controlled by local company PT Bakrie and Brothers.
Together, Arutmin and BHP Kendilo is the country's third largest coal producer
PT BHP Kendilo Coal which operates Petangis mine in South Kalimantan is also 80 percent controlled by BHP Billiton, while the remaining stake is held by Japan firm Mitsui Mining Company.
According to a source in the company, BHP Kendilo would close its operation in May 2002 due to reserve depletion. (alex)
