Indonesia listed coal mining contractor Darma Henwa Tbk PT (IDX: DEWA) delivered solid operating performance during January of this year despite heavy rainfall. The company said that during January 2020, the company’s operations in all coal mining sites faced heavy rainfall both in frequency and intensity up to 390 mm, resulting in available production hours and limited coal expose due to pre-strip mining process.
However, the company’s coal delivery increased significantly by 59.22 percent to 1.70 million tons (MnT) compared to January 2019, the company said on Friday in a monthly production report for three coal mining projects for the period ending 31 January 2020.
Darma Henwa said January overburden (OB) removal volume was recorded at 11.07 million bank cubic metre (BCM). Several factors that impacted the company’s overburden removal were heavy rainfall and muddy material. The company said it could raise its overburden removal by 21.58 percent compared to January 2019.
Mining strip ratio in January was 4.19 for Asam Asam Coal Project (in South Kalimantan Province), 7.98 for Bengalon Coal Project (in East Kalimantan) and 10.79 for Satui Coal Project (in South Kalimantan).
Leave a Reply