Corporate Info
Corporate Info
Business Units
Arutmin Indonesia | Arutmin Indonesia www.arutmin.com |
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In 2009, PT Arutmin Indonesia (“Arutmin”) posted a production, sales, and efficiency in five mining areas; Batulicin, Senakin, Satui, Mulia and Asam Asam. Through these mines, Arutmin’s total coal production in 2009 was 19.30 million tonnes, which increased by 3.90 million tonnes in comparison to 2008.
![]() In general, the volatility of coal prices which occurred throughout 2009, had an impact on the mining companies’ sales revenue. In these conditions, the type and quality of coal became an important factor in the pricing process which has a direct impact on revenue. Since Arutmin’s produces a substantial amount of bituminous coal, the average price can be sustained at a medium level of US$ 58.15 per tonne – an advantage for Arutmin. Meanwhile, the market price for 6,500 kilocalorie coal in 2009 was approximately US$ 70 per tonne. |
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