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Friday, 23 September 11
UT TO PRODUCE 7 MMT OF COAL BY 2012


PT United Tractors Tbk is targeting a 7 million tons of coal production next year, a 55.55% increase from 4.5 millions targeted this year, said President Director of company.

Djoko Pranoto, Presidnet director further said, said coal mining companies that have been taken over by company are expected to give a maximum output next year. 

"We expect our production will reach 7 million tons by next year  with additional contribution from just acquired coal mines," he said as quoted by Kontan daily.

United Tractors, subsidiary of PT Astra International Tbk (ASII), spent US$121 million to acquire PT Asmin Bara Bronang (CCoW 3rd generation holder) , PT Duta Sejahtera ( the mine is located in central Kalimantan), and PT Bukit Enim Energy.

United Tractors, through its subsidiary PT Pamapersada Nusantara, controls 60% sake in Asmin Bara Bronang.



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