Adaro produced 40.6 Mt in 2009 and has reserves of 889 Mt. Knowing that the CCA will expire in 2022, although it can be extended by mutual agreement for another 20 years, can we expect more rapid production growth going forward?
We will maintain a steady production growth up to our ultimate target of 80 million tonnes per year within a time frame that will allow us to maintain our track record of being a reliable and consistent supplier of a quality product.
SIS’s performance in 2009 has exceeded expectations. What is your plan for SIS?
We want the company to be responsible for 50% of our mining output within three years and become a benchmark for productivity and safety and a role model for environmental awareness among our contractors.
What is your greatest achievement?
Developing a Kalimantan team that has been able to consistently meet the challenges of continued production growth.
What was your greatest challenge?
Being able to increase production by more than 25% from 2005 to 2006 to meet cashflow requirements that arose from the 2005 LBO when the company moved from being debt-free to highly leveraged.
What do you hope to achieve in 2010?
To meet our 45 million tonne target for the year while continuing to strengthen our supply chain and safety, health and environment management. To also continue identifying and developing future leaders. |