Coal mining firm expands domestic market amid lower export price
Monday, February 7 2000 - 04:00 AM WIB
Coal mining firm PT Fajar Bumi Sakti in Tenggarong, East Kalimantan is expanding its domestic market maid a 30 percent decline in export price.
Fajar Bumi senior official Sriyadi (ed: one name) said that 70 percent of the company's production volume now goes to the domestic market as export price declines. He said that the company has cut down its export volume by 25 percent.
Sriyadi said that the production level remains at 180,000 tons per annum for internal mining, and 120,000 tons for external mining.
He said that the firm's mining site in Tenggarong has a reserves that could last until 15-20 years. (*)