Permata Energy to double production in 2013

By Cepi Setiadi

Indonesia coal producer company PT Permata Energy Resources is expecting to produce up to 10 million tons of coal in 2013 from its 5 concessions in Sumatra and East Kalimantan.

Aris Munandar, Director of Permata told Petromindo.com today that the company expects to double its production compared to this year?s target of 4 million tons as the development of several infrastructure in the mine site would be completed by this year-end.

"We have already finished the 20 kilometers hauling road in Batuah Regency, East Kalimantan. We expect to ramp up production to 2.5 million to 3 million tons output from this site from this year of 500,000 tons," Aris said on the sidelines of IHS McCloskey Asia Pacific Coal Outlook Conference 2012 in Bali.

He said the company's concessions in Sumatra (Riau and Jambi) had reached the stable production at a level of 4-5 million ton per year.

Aris added that the company would also focus on infrastructure development on the mine site next year, especially developing the hauling road. "So when the market is rebound we are ready," he said.

Editing by Adianto P. Simamora