BSG to start S. Sumatra coal production mid-year
Monday, January 11 2010 - 03:00 AM WIB
Coal miner BSG Corporation expects its South Sumatra coal mining subsidiary PT Astaka Dodol to start production in May or June this year.
Astaka will produce 100,000 tonnes in 2010, ramping up to 500,000-1MT in 2011 with ultimate production of 5-6 MTPA in 2014, BSG CEO Bonifasius told Petromindo.Com on Monday.
He said the mine, which is located in Musi Banyuasin regency has mineable reserves of 165 MT with CV of 5,300-5,600 Kcal/kg (ADB), total moisture of 35-40% and low ash and low sulfur.
Coal from the mine will be barged through Mangsang River to transshipping point in Bangka Straits. The river port could accommodate barge with capacity of 5,000-7,000 tonnes, he said.
BSG is currently in talks with potential offtakers in Thailand and Malaysia, he said.(denny)