Amid the fall in global coal prices, state-owned coal miner PT Bukit Asam (PTBA) is working on a number of cost-efficiency programs in order to be able to stay competitive in the international coal market.
PTBA president director Milawarma recently talked with The Jakarta Post’s Raras Cahyafitri about these programs including the company’s plan to become an energy company instead of simply a coal miner. Below are excerpts from the interview.
Question: What is PTBA’s short-term program in order to stay competitive in the global market?
Answer: Our target is to further cut mining costs, so that we can better compete in both local and international coal markets. On one side, PTBA is increasing its production capacity and at the same time reducing its cost per ton of coal produced.
We are also working on improving our coal transportation systems by expandi...