Nuansacipta Coal?s output up 10%

By Romel S. Gurky

PT Nuansacipta Coal (NCI), a unit of IDX-listed coal mining group PT MNC Investama Tbk, saw coal production from its concession in East Kalimantan increased by 10 percent in the nine-month period of this year to 930,907 tons from 845,905 tons in the same period of last year.

MNC said in a report released Friday that its mining unit booked a revenue of Rp 415 billion during the nine-month period of this year.

NCI?s coal products have two specs including 4800 kcal/kg (GAR) and 5000 kcal/kg (GAR). NCI concession area covers 2,000 hectares with the estimated mineable reserves of 25 million tons.

Editing by Reiner Simanjuntak