Jakarta - PT Borneo Lumbung Energy Tbk (BORN) one mining company in Indonesia, targeting sales of high-calorie coal (hard cooking coal), 3.6 million tons during the year 2011, up significantly from previous periods is only 1.65 million tons.

According to Marketing Director BORN, Ken Allan, the company expects sales contribution of coal results of long-term contracts will dominate this year. Comparison of long-term contracts than spot sales reached 75:25.

This was conveyed by Ken after the Annual General Meeting, at Pacific Place, SCBD, Jakarta, Friday (10/06/2011).

Target sales volume can not be separated from efficiency and increased capacity in the mining company still made hard cooking coal. Noted, the company targeted production capacity of 3.6 million tons in 2010, to 5 million tons in 2011.

"Where the volume of coal production per exposed 1.95 million tons in 2010 to 3.6 million tons in 2011," he added.

Efficiencies that have been and will be BORN of them, installation barge loader conveyor of 2400 tons per hour which was completed in May 2010. Also has completed the installation of coal crusher of 850 tons per hour in February 2011, and completion of construction of phase 1 ISP untik Akt in May 2011.

"We also made additional heavy equipment that was completed in July 2011 and construction of infrastructure development, completed in August 2011 and construction of haul roads development in October 2011," he said.

Over the past year, the average selling price of high-calorie coal BORN around U.S. $ 186 per ton. For this year, the company mematokan average price higher to U.S. $ 220-240 per tonne, as the number of requests, especially from the steel company.

"In our budget at $ 220 per ton, but could reach U.S. $ 240. During the first quarter, prices had reached U.S. $ 254 per ton. Quarter reach U.S. $ 260 per ton. In a sale to get the best price, we do strategy . Price BORN spotAustralian almost equal to the price premium, "he said.