TEMPO.CO, Jakarta - State - owned coal miner PT Bukit Asam Tbk (PTBA) targets to produce 24 tons of coal. The number of production increases when compared to the previous production which was around 18 tons.
“Our production this year is targeted to increase as much as 30 percent,” PT Bukit Asam president director Arviyan Arifin said in Jakarta on Friday, June 9.
Arviyan added that PTBA allocates 60 percent of the production yield to domestic consumption, while the remaining will be exported to several countries. He went on by saying that new countries have been added as new markets including Bangladesh, the Philippines, and Sri Lanka.
“ Those are the countries which begin to build a coal-fired power plant (PLTU). We seized the opportunity and do not let other countries get ahead of us,” he said.
In terms of the price of the targeted coal, Arviyan claimed that the price of coal could not be predicted since it is highly volatile throughout the year.
PTBA, he added, will continue to push coal production since there are around 3 billion tons of coal in the mine. “So if we produce 50 to 60 million tons a year, it will deplete in the next 50 years,” he explained.
CAESAR AKBAR | ALI HIDAYAT
