The company produced 42.20 million tons of coal in 2010, including coal production from Envirocoal-Wara of 2.5 million tons and Paringin of 0.5 million tons.
It sold 43.84 million tons of coal, including the third party coal sales sold by Coaltrade of 1.39 million tons and Envirocoal-Wara of 2.05 million tons.
In the fourth quarter of 2010, Adaro produced 10.36 million tons of coal and sold 11.48 million tons of coal. "Due to continuing heavy rains throughout the fourth quarter of 2010 and no dry season in the prior quarter, coal production in comparison to 4Q09 dropped 15% to 10.36 million tons," the company said.
However it said production from the new Wara pit was less affected as it is in the initial stages of development and benefited from a low overburden stripping ratio. "We removed 60.35 million bank cubic meters (Mbcm) of overburden, our best quarter on record," Adaro said.
In 2011, Adaro plans to ramp up production to 46-48 million tons, including 4-5 million tons of Envirocoal-Wara. "This new product continues to receive strong demand from countries such as India, China, South Korea and Indonesia," the company said.
It sold 43.84 million tons of coal, including the third party coal sales sold by Coaltrade of 1.39 million tons and Envirocoal-Wara of 2.05 million tons.
In the fourth quarter of 2010, Adaro produced 10.36 million tons of coal and sold 11.48 million tons of coal. "Due to continuing heavy rains throughout the fourth quarter of 2010 and no dry season in the prior quarter, coal production in comparison to 4Q09 dropped 15% to 10.36 million tons," the company said.
However it said production from the new Wara pit was less affected as it is in the initial stages of development and benefited from a low overburden stripping ratio. "We removed 60.35 million bank cubic meters (Mbcm) of overburden, our best quarter on record," Adaro said.
In 2011, Adaro plans to ramp up production to 46-48 million tons, including 4-5 million tons of Envirocoal-Wara. "This new product continues to receive strong demand from countries such as India, China, South Korea and Indonesia," the company said.
In order to economically and reliably boost production at Tutupan, Adaro plans to install a crushing and conveying system to move overburden, called an Out of Pit Crusher and Conveyor (OPCC).
During 4Q10, Adaro continued to work on the preliminary design of the system, which is expected to have a capacity of 66 Mbcm in two units. The commercial and contractual agreement was close to completion, following which Adaro will announce the EPC contractor.
The OPCC is expected to cost US$275–300 million and should be operational by the first quarter of 2013. more ...
During 4Q10, Adaro continued to work on the preliminary design of the system, which is expected to have a capacity of 66 Mbcm in two units. The commercial and contractual agreement was close to completion, following which Adaro will announce the EPC contractor.
The OPCC is expected to cost US$275–300 million and should be operational by the first quarter of 2013. more ...
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