PT.Dayaindo targeting 2012 revenues grow 20%

Jakarta-PT.Dayaindo Resources International Tbk planned next year revenue growth target of 20% of the realization of this year. Director Sudiro Andi Wiguno estimated revenues this year to Rp 1.7 trillion. This means PT.Dayaindo next year's revenue target of Rp 2.04 trillion.

Sudiro optimistic target of 2012 can be achieved. The plan, PT Dayaindo will boost production to 3 million tons of coal and nickel production reached 1 million tons. "We are targeting next year's coal production of 200,000 tonnes per month, when 100,000 tons of nickel per month," he said.

Until the end of this year, PT Dayaindo targeting sales of 3.2 million tons of coal comprising coal production until the end of the year is estimated at 1.2 million tonnes and sales of the rest of the trading system. While nickel is targeted to reach 600,000 tons.

However, he said that the sale of coal through the trading system will be reduced by 60% next year. This is because the company wanted to optimize the sale of coal from his coal mine production. "Next year we may (income) did not increase significantly, but the quality of the revenue that we want to pursue. Traiding it sold a lot but small profits," he said.

Currently, PT.Dayaindo also targeting several coal mines in East Kalimantan, South Kalimantan, Jambi and Papua to increase proven reserves of at least 50 million tons of coal in 2012, and reach 300 million tons in 2015.

"For 2012 we are conducting due diligence Mining Concession (KP) coal mine in Central Kalimantan and East Kalimantan, while nickel was in Halmahera and Central Sulawesi," he said.