UT restarts C. Kalimantan coal production
Wednesday, June 7 2017 - 03:17 AM WIB
By Thomas Sembiring
Petromindo|Boim
Central Kalimantan coal mining firm PT Telen Orbit Prima (TOP) has restarted production this month following improvement in coal price.
Pama Persada Nusantara Director Ari Sutrisno told Petromindo.Com on Tuesday that the mine is expected to produce 1 million tonnes of coal for the rest of the year. TOP is a strategic business unit of Pama Persada. Pama, in turn is a unit of IDX-listed firm PT United Tractors Tbk. (UT)
The mine is located in Kapuas regency.
The mine was forced to shut down in 2015 due to declining coal price.
Editing by Alexander Ginting