Press Release

Amid a surge of a coal price, state owened coal miner PT Bukit Asam (Persero) Tbk, expects to raise its coal production.

PTBA Presiden Director Arviyan Arifin said that the company’s coal production would increase from 25 million tons this year to 27 million tons next year.

The higher production target, however, needs support from state owned railway operator PT Kereta Api Indonesia (PT KAI), which transports PTBA’s coal from its mining area in Tanjung Enim, South Sumatra, to Tarahan coal terminal in Lampung.

Beside increasing its coal production, PTBA Plans to acquire a mining company in the first quarter of next year.

“We also have plans for inorganic growth by acquiring a mining company that supports our business,” Arviyan said on The Sidelines of Memorandum of Understanding (MoU) Ceremony with state lender Bank Mandiri on a loan agreement and PT KAI, in Jakarta, Tuesday (29/11/2016).

Presiden Director of PT KAI Edi Sukmoro said, KAI was building a double track railway to support of increasing its capacity to transport coal from PTBA mining area. Followig the contstruction of the railway will finishing in 2017 will be able to increase coal tranportasion by 15 percent.

This cooperation is also a synergy to support the implementation of government programs in providing energy and infrastructure and the creation of economic independence.