We are focused on delivering profitable production growth at PT Berau.

Commentary

  • Thermal coal prices are well underpinned in the long term by increasing Asian electricity demand.
  • Our location gives us a freight distance advantage to our key markets over competitors situated in Australia, Colombia and South Africa.
  • The near term outlook for coal prices remains challenging due to continued over-supply.

kpi performance ebitda$

Link to strategy

-7%

Revenue shows the economic impact of
our growth objective. It is a function of
both coal mined and realised prices.
Realised prices fell 16% during the year.

*** 100% of PT Berau under local management reporting, in accordance with Indonesian GAAP, which has been used to provide a longer comparative period.

KPI and performance

Coal mined (mt)

COAL MINED

Link to strategy

+12%

Coal mined is a key measure of our growth in production. We slightly exceeded our target of 23mt in 2013.