Permata on track with set output target
Tuesday, September 25 2012 - 05:10 AM WIB
By Cepi Setiadi
Indonesian coal producer PT Permata Energy Resources is still on track to produce 4.5 million tons of coal this year from its mine in South Kalimantan and Sumatra.
Director of Permata Energy Resources Aris Munandar told Petromindo.com the company will not revise its coal production target despite the bearish market condition.
"We are still focusing on our earlier set target this year since we have long term contracts with buyers," he said.
Editing by Er Audy Zandri