ABM Investama Unit Starts Operating $200m Coal Mining Plant in Aceh
Jakarta. Reswara Minergi Hartama — a coal mining unit of coal miner ABM Investama known as known as Reswara — inaugurated a $200 million integrated coal mining facility in Meulaboh, Nangroe Aceh Darussalam province.
The investment value covers the cost of developing coal crushing plant, hauling road, overland conveyor, baseline conveyor, a dock and jetty, ABM said in a statement on Monday. The inauguration marked the start of the plant’s operations.
“We are optimistic that the Aceh project can give possitive contribution to ABM’s business in the long term,” said the president director of ABM in the statement. It didn’t mention the production size from the mine.
ABM Investama is in turn the coal mining holding unit of conglomerate Trakindo Group.
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