Bumi expects significant sales increase in Q1

IDX-listed coal mining giant PT Bumi Resources plans to sell 16 million tonnes of coal this quarter, 23 percent higher than last year?s same period of 12.5 million tonnes.

Senior VP Investor Relations Dileep Srivastava was quoted by Kontan daily that Bumi has sold 10.5 million tonnes of coal until the end of February 2010 despite heavy rain.

Bumi?s main coal production comes from its subsidiaries South Kalimantan coal miner PT Arutmin Indonesia and East Kalimantan miner PT Kaltim Prima Coal (KPC). (*)