Borneo reports coal production of 2MT in Jan-Aug 2011
Thursday, September 29 2011 - 01:27 AM WIB
IDX-listed coking coal producer PT Borneo Lumbung Energy & Metal Tbk said its January-August 2011 production has reached 2 million tonnes and is targeting to produce 3.6 MT for the 2011 full year.
Director Geroad Jusuf said that the company sold majority of its coal production to China with 2 MT of this year?s production has been allocated to supply two Chinese companies General Nice and Zhonglian Resources Company.
Borneo through its subsidiary PT Asmin Koalindo Tuhup is producing coking coal from its mine concession in Central Kalimantan . (*)