Dewa targets 110.65 million bcm OB removal this year

Thursday, February 7 2013 - 02:30 AM WIB

By Hiski Darmayana

IDX-listed coal mining services company PT Darma Henwa Tbk (Dewa) has set overburden (OB) removal target of 110.65 million bcm for this year

?The target comes from OB removal activities at concessions developed by Dewa in East and South Kalimantan including Bengalon, East Binungan, Malinau and Asam-Asam,? Dewa Director Wachjudi Martono told Petromindo.com Wednesday.

The company hopes coal getting at the four concessions to reach a combined 20.34 million tons this year. ?To achieve the targets, we have allocated capital expenditure worth around US$119 million,? he said.

The four concessions developed by Dewa are separately owned by PT Kaltim Prima Coal (Bengalon), PT Arutmin Indonesia (Asam-asam), PT Berau Coal Energy (East Binungan), and PT Mitrabara Adiperdana (Malinau).

Editing by Reiner Simanjuntak

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