Dayaindo Resources to sell 3 million tons in 2012
Wednesday, July 4 2012 - 08:18 AM WIB
IDX listed PT Dayaindo Resources International Tbk recently stated it targets to sell up to 3 million tons of low calorie coal in 2012, 1.5 million tons of it derived from the company's targeted output of its mine in Satuhi, South Kalimantan and the rest of it from the trading business.
?But we can not make sure of the average selling price just yet as there will be a combination of certain factors that affect it,? said company president director Sudiro Andi Wiguno in Jakarta, adding that the company targets to book up to Rp1 trillion worth of sales until the end of this year.
Sudiro stated that most of the coal will be exported to China and India, leaving a small percentage to domestic market.
Dayaindo sold 3.2 million tons of coal in 2011, 1.2 million tons from its mine and 2 million tons from the trading business.
Editing by Er Audy Zandri