ITM on fixed production target

Thursday, September 27 2012 - 06:54 AM WIB

By Cepi Setiadi

IDX listed PT Indo Tambangraya Megah Tbk (ITM) recently stated it will not revise 2012 production target despite the falling coal prices.

Leksono Poeranto, Director of External Relations told reporter today that the company is still on track to produce about 25 million tons of coal.

Up to this third quarter, the the company has produced about 18.2 million tons, added Leksono.

Editing by Er Audy Zandri

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