Borneo exports coking coal to Germany

By Cepi Setiadi

IDX-listed hard coking coal mining company PT Borneo Lumbung Energi & Metal Tbk said it has been shipping coking coal to Germany since last year at a volume of 160,000 tons per shipment.

Borneo's Director, Kenneth (Ken) Raymond Allan told Petromindo.com that the shipment is made every four months.

He said that by the first quarter of this year, the company has already delivered the third shipment. ?We still have four or five more shipments (to go) to Germany, with the quantity of around 160,000s ton for each shipment, they usually send a cape size vessel with the capacity of 160,000 tons,? he said, without elaborating the name of the client.

Ken revealed that apart from exporting to Germany, this year the company is also supplying around 22,000 tons of its coal to Japan quarterly.

Editing by Reiner Simanjuntak