PSM coal fully booked until Q2

By Edgar Subroto

PT Padangbara Sukses Makmur (PSM), a coal unit of Padang Karunia Group, produces 120,000 tons of coal per month, higher than 100,000 tons per month last year, from its mines in Muara Teweh, Central Kalimantan.

The company's products have CV specification of 5300 kcal/kg (GAR)

All of the current coal production is already fully booked until second quarter of this year. ?Every month we have shipped 2 vessels of coal to overseas,? an industry source told Petromindo.com.

The loading jetty ports are located at Bintang Ninggi in North Barito regency and Salat Baru in Ampah, East Barito regency, from where the coal cargoes are barged to Taboneo anchorage.

Editing by Reiner Simanjuntak