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Friday, December 16, 2011

PT Berau Coal output may up by 15pct next year

Fri, Dec16, 2011

PT Berau Coal Energy expects coal production next year to rise to 23 million tonnes from an estimated 20 million tonnes this year.

Mr Rosan Perkasa Roeslani president director said that the Indonesian company’s 2012 average coal selling price may be slightly below this year average of USD 81 per tonne.

Mr Roeslani said that so far there’s no talks about a possible merger between Berau and PT Bumi Resources.

sourced:Bloomberg

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