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PTBA TO RELOCATE BRIQUETTE PLANT TO TANJUNG ENIM.

AsiaPulse News

| September 03, 2007 | COPYRIGHT 2007 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

JAKARTA, Sept 3 Asia Pulse - State-owned coal mining company PT Tambang Batubara Bukit Asam (JSX:PTBA) will relocate its coal briquette factory to a new site in Tanjung Enim, South Sumatra province, a spokesman said.

"Media reports that we will relocate our factory to Lampung province are not true," PTBA Corporate Secretary Eko Budhiwijayanto said here on Friday.

Eko made the statement in response to reports that PTBA would relocate its coal briquette factory to an area in Lampung province.

The company did have a plan to relocate its factory but not to a site in Lampung, rather, to a site in Tanjung Enim, South Sumatra, he said.

He said the decision to relocate the factory was made in connection with the company's long-term mining expansion plan. The new location sits on 13 million tons of good quality coal deposits.

PTBA has been relocating a number of its mining facilities such as vehicle pool, mechanical assistance facility, K-3 office and a number of other facilities.

"The ...

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