Petrosea to boost overburden and coal output at Santan

By Edgar Subroto

IDX-listed mining contractor PT Petrosea Tbk is expected to boost the total volume of coal to be mined at PT Santan Batubara's concession, from initial target of 99 million BCM of overburden volume and 9.5 million tons of coal to 155 million BCM of overburden volume and 14.8 million tons of coal over the period until 2016.

Santan Batubara is a 50/50 joint venture company between Petrosea and PT Harum Energy, in which Petrosea is responsible for mining activities while Harum is responsible for marketing.

Santan Batubara produced 2 million tons of coal in 2012, lower compared to the initial target of 2.5 million tons due to the current downward trend of coal prices.

Editing by Er Audy Zandri