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Antam plans to join the coal rush
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Wednesday, 10 Sep 2008
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Jakarta Post reported that PT Aneka Tambang is planning to acquire coal concessions in 2008 to help secure supply for its new coal fired power plants.

Mr Alwin Syah Loebis president of Antam said that it would need a coal supply of up to 5 million tonnes for two plants in its mining site at Pomalaa by 2012. Currently, it only needs 200,000 tonnes of coal a year for the production process.

Mr Alwin refused to cite the investment for the coal mines or the plant, which would have a capacity of 150 MW. He said the plan was part of the company's efforts to cut its soaring production costs following a jump in oil and coal prices.

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