Indonesian Political, Business & Finance News

Kaltim Prima Coal

| Source: JP

Kaltim Prima Coal

PT Kaltim Prima Coal (KPC) is jointly owned by Rio Tinto and BP
PLC. Its high quality, low sulfur steam coal is mined under a
coal agreement with the Indonesian government that entitles the
government to 13.5 percent of annual production. Based in
Sangatta, East Kalimantan, the open pit mine started production
in 1991 and contains marketable reserves of more than 200 million
tons of coal. Production is between 16 million to 18 million tons
annually, with about 93 percent of the output exported to
European and Asian countries.

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