UT?s February coal sales volume drops 27%

By Romel S. Gurky

IDX-listed heavy equipment and coal mining company PT United Tractors Tbk (UT) reported that coal sales volume in February of this year reached 583,000 tons, or a 27 percent drop compared to 456,000 tons in the same month of last year.

The company operates four coal mines including Prima Multi Mineral (PMM) in South Kalimantan, and Asmin, Tuah Turangga Agung (TTA), and Duta Nurcahya (DN) located in Central Kalimantan.

Meanwhile, UT?s mining contractor unit PT Pamapersada Nusantara produced 8.0 million tons of coal in February, down compared to 8.4 million tons in the same month of 2015. Pama?s overburden removal was 55.9million bcm, down compared to 58.2 million bcm in February 2015.

UT sold a total of 348 units of Komatsu heavy equipment in February, down from 519 units in the same period of last year. Of the 348 units sold in February, 69 units were sold to the mining sector.

Editing by Reiner Simanjuntak