Posted on 24 Jan 2008
The Indonesian government has approved the 2008 production plans proposed by six major coal miners, said Mangantar Marpaung, the Energy Ministry's director for coal and mineral development, on Thursday.
"We have discussed the production plans from the six miners and have approved them," he told Thomson Financial.
The country's biggest coal miner PT Kaltim Prima Coal (KPC) has proposed to produce 46.27 million tons of coal this year while its sister company PT Arutmin Indonesia planned to produce 20.30 million tons.
Both KPC and Arutmin are controlled by PT Bumi Resources.
Meanwhile, PT Adaro
PT Berau Coal has targeted to produce 14.13 million tons while PT Indominco Mandiri proposed to produce 11.17 million tons, he said.
