Indonesian coal logistics and mining firm RMK Energy raised its coal loading and sales volumes in 2024 compared with 2023 on the back of higher coal production out of Sumatra.
The total volume of coal loaded onto barges rose by 19pc to 9.02mn t of coal in 2024, up from 7.56mn t a year earlier, the company said. The increase was because of higher output from mining companies in Sumatra that used RMK for its logistics service, according to the firm.
The company's total coal sales rose by 19pc to 2.81mn t in 2024. This was despite lower coal output from its coal mines, which fell by 13pc to 900,120t in 2024 from 1.035mn t in 2023. The decrease was because the company opted to focus on developing new areas, RMK said. The firm moved more overburden material in 2024, which resulted in an increase in the mine's strip ratio and coal cash cost. RMK sourced its coal from other mining companies through its trading arm to offset this, the company said.
The company produces GAR 3,000-4,200kcal/kg coal which is sold mainly for blending purposes.
RMK has set higher operational targets for 2025 on projections of increased output from Sumatra's mining companies and in order to offset continued weak prices of coal.
Total coal sales are targeted to reach 3.8mn t in 2025, a 35pc increase on the year. Barge loading volumes are targeted to reach 11mn t, a 24pc increase on the year.
RMK will also focus on improving its logistics infrastructure. This includes the integration of new coal mines such as the Wiraduta Sejahtera Langgeng (WSL) and Duta Bara Utama (DBU) into the company's dedicated coal hauling road as well as upgrades to loading and unloading stations to support higher coal transportation volumes, the company said.
