Renuka maintains coal output at 600,000 tons this year

By Cepi Setiadi

IDX-listed coal mining company PT Renuka Coalindo Tbk is eyeing 600,000 tons of output in 2016 from its concession in Jambi.

Santanu Lath, Director of Renuka told Petromindo.com on Wednesday that the output target is the same as last year?s realized production level.

?We will maintain our output at the level of 600,000 tons this year, which is the same as the realized production in 2015,? he said, adding that the company is still focused on exporting to India.

?The coal market is still sluggish, hence we maintain our existing market as well as maintain the output level,? he said.

Editing by Reiner Simanjuntak