Santan sees production of 2.5MTPA
Saturday, May 15 2010 - 02:38 AM WIB
The Company said in a report make available to IDX on Friday that the mine has sold 660,000 tonnes in the first quarter of 2010 and had raised revenue of US$43.7 million.
Santan started production in March 2009.
The Company through its mining contractor unit PT Petrosea has 50 percent stake in Santan Batubara with Harum Energy, a company controlled by the Barki family, controls the remaining balance. Petrosea is responsible for mining activities at Santan while Harum is responsible for marketing.
According to Indika, Santan sells its coal production to domestic market and India, Korea and China.
Santan is the third generation CCoW holder with concession of 25,000 hectares in East Kutai regency. (alex/kanti)
PT Santan Batubara Coal Specification
| Calorific Value (kcal/kg) | 5,297 |
| Sulphur Content | 0.6% |
| Ash Content | 11.2% |
| S/R | 12-14 |
| Pit-to-Port Distance | ~35km |
PT Santan Batubara: Resources& Reserve (in million tons) |
||
| Area | Resources | Reserves |
| Separi | 41.6 | 17.0 |
| Birawa | 57.8 | 20.6 |
| Uskap | 96.1 | 8.0 |
| Santan | 68.32 | 4.7 |
| Sebulu | - | - |
| Total | 263.82 | 50.3 |