Medco Energi to ship up to 600,000 tons in 2013
Thursday, January 17 2013 - 06:06 AM WIB
By Godang Sitompul
PT Medco Energi Mining Internasional said that the company targeted to ship between 500,000 and 600,000 tons of coal this year compared to only 132,000 tons in 2012.
Company?s Secretary Imron Gazali said that Medco has secured long term contract with price above $82 per ton.
?The price of coal shipped in December was $75 per ton with CV of 6,500 and Sulphur content of 3 percent,? Imron told Petromindo.com correcting earlier report titled Medco?s coal unit in spot supply deal with China Coal Solution (Singapore) Pte Ltd (CCS).
Editing by Adianto P. Simamora