PT.Atlas stilt 9 Million Tons of Coal Production in 2015 at the Hub Muba

Jakarta-coal mining company, PT Atlas Resources in 2013, targeting 5 million tons per year production capacity of coal in the Hub Muba located in South Sumatra. The amount is targeted to increase to 9 million tons in the next two years.

As stated by the Director of Commercial Atlas Resources Aulia Setiadi in a press conference here on Friday (7 / 10).

Hub Muba a new production in the second semester 2011 is targeted to produce a design production capacity of 2.75 million tons per year.

Meanwhile, in 2014 the company targets 14 IUP (mining license) are already in operation. 14 is divided into 9 IUP production, 3 IUP exploration, and 2 KP exploration is currently in the process of conversion into IUP exploration.

Meanwhile, in the year 2012-2013 the company's budgeted capital expenditure (capex) of U.S. $ 106 million.

Currently the company's total production comes from five hubs, namely Berau, Kubar, Muba, Oku and Papua. In the first four months of this year, the fifth hub is producing 0.4 million tonnes while for one full year 2010 totaled 1.3 million tons. Currently, the company has a design target of 2.38 million tons of production capacity