BRE budgeting $5 million capex in 2015

Monday, April 6 2015 - 01:07 PM WIB

By Cepi Setiadi

Coal mining company PT Bhumi Rantau Energi is allocating about US$5 million in capital expenditure for 2015.

General Manager of Business Operation Dadang Djupri told Petromindo.com recently that the funds will be allocated for installing a conveyor belt in order to support plans to raise of production this year.

This year PT Bhumi Rantau Energi is targeting to produce about 7 million tons from its coal concession in Rantau, Tapin Regency, South Kalimantan

Editing by Johannes Simbolon

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