Cipta Kridatama to ramp up output volume in 2018

By Tri Subhki R

Petromindo

PT Cipta Kridatama, an integrated mining services company and subsidiary of IDX-listed PT ABM Investama Tbk, will ramp up the production volume of overburden removal and coal getting next year at mines owned by its existing clients.

President Director of PT Cipta Kridatama, Feriwan Sinatra, said that the overburden removal volume in 2017 is expected to reach 130 million bank cubic meters (bcm) and coal getting is estimated at 17.5 million tons. ?In 2018, the overburden removal is expected to be 167 million bcm and coal production is 25 million tons,? he said to petromindo.com on Thursday.

Cipta Kridatama operates nine coal projects in Kalimantan and Sumatra among others three coal mines belonging to Toba Bara Group in East Kalimantan, PT Adimitra Adiperdana in North Kalimantan and two sister companies PT Tunas Inti Abadi in South Kalimantan and PT Mifa Bersaudara in Naggroe Aceh Darussalam.

Editing by Reiner Simanjuntak