UT?s May coal sales volume jumps by 47.73%

Thursday, June 26 2014 - 02:24 AM WIB

By Romel S. Gurky

IDX-listed heavy equipment distributor PT United Tractors (UT) Tbk, which also owns coal mines, reported recently that coal sales volume in May jumped by 47.73 percent to 619,000 tons compared to 419,000 tons in the same month of last year.

The coals were produced from its four mines including Prima Multi Mineral (PMM), Asmin, Tuah Turangga Agung (TTA), and Duta Nurcahya (DN).

The PMM and Asmin concessions, which are located in South Kalimantan and Central Kalimantan, respectively, accounted for a combined 383,000 tons of the coal sales volume, while TTA and DN 236,000 tons. TTA and DN mines, are located in Central Kalimantan. Asmin and DN started its first coal production at the end of 2013.

UT?s total coal output in the first five months of this year soared by 48.78 percent to 2,925,000 tons compared to 1,966,000 tons in the same period in 2013.

Meanwhile, UT?s mining contractor unit PT Pamapersada Nusantara produced 10.1 million tons in May, up compared to 8.5 million tons in the same period of 2013. Pama?s overburden removal was 65.9 million bcm, down compared to 70.8 million bcm in May 2013.

UT sold a total of 1,901 units of Komatsu heavy equipment in May, up from 2,126 units in the same period of last year. Of the 1,901 units sold in May, 684 units were sold to the mining sector.

Editing by Reiner Simanjuntak

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