Oct 22, 2010

Indo coal output to reach 340 mio tons

Indonesian Coal Mining Association estimates that coal production volume coming from Indonesia to reach 340 million tons in 2011, surpassing this year's target of 310 million tons.
"Giant coal miners, lifting by 5%-6%, contribute the output rise as well as additional production from new mining companies," said ICMA Chairman Bob Kamandanu.
The target is more optimistic compared to the government official target, reaching 325 million tons in 2011.
During the nine months, said Bob, coal production volume reached 260 million tons, 60 million tons higher than the government record of 200 million tons. "Coal mining companies are optimistic that the output target of 310 million tons in 2010 is affordable."

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