Indonesian coal miner PT Bayan Resources has said that it anticipates its coal production this year to increase by 56% due to an expansion programme at its coal mines.
Bayan Resources, Indonesia's eighth-largest coal producer, expects to produce 9.5 mt of coal this year, up from an estimated 6.1 mt in 2008.
According to a statement issued by the company, the increased production would come from its Firman Ketaun Perkasa mine in East Kalimantan and continued expansion in other mines including PT Wahana Baratama and PT Perkasa Inakerta.
The firm expects to sell 10 mt of coal this year, up from 6.7 mt in 2008. It said that demand remained strong and that all coal sales volumes were fully committed.
"Demand remains strong especially from Europe, Japan, Taiwan and Korea. Power projects in the Asian region continue to expand and an increasing number will come on line in 2009-2011," it said.
