UT?s October coal sales volume lower by 38%

By Romel S. Gurky

IDX-listed heavy equipment company PT United Tractors Tbk (UT) has recently reported that coal sales volume as of October of this year reached 248,000 tons, or a 38 percent percent drop compared to 404,000 tons in the same nine-month period 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, accounted for a combined 233,000 tons of the coal sales volume, while TTA and DN 15,000 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 nine months of this year soared by 49 percent to 4,905,000 tons compared to 3,289,000 tons in the same period in 2013.

Meanwhile, UT?s mining contractor unit PT Pamapersada Nusantara produced 11.1 million tons of coal in October, up compared to 9.7 million tons in the same period of 2013. Pama?s overburden removal was 72.2 million bcm, down compared to 75.5 million bcm in October 2013.

UT sold a total of 3,233 units of Komatsu heavy equipment in October, down from 3,705 units in the same period of last year. Of the 3,233 units sold in October, 1,131 units were sold to the mining sector.

Editing by Reiner Simanjuntak