MORE: United Tractors Sees New Mines Lifting Coal Output in 2014

Co. expects 2014 coal output to reach 6m-6.5m tons, as two newly acquired coal mines in Kalimantan contribute up to 1.5m tons to output, Vice President Director Gidion Hasan said at press conference today. * NOTE: Co. lowered 2013 output target to 3.5m-4m tons from previous est. of 5m tons, Ari Setiyawan, investor relations officer, says in e-mailed message on Nov. 26 * Co. sees 2014 coal price to avg. $85/ton * Co. to allocate $350m for 2014 capital expenditure: Hasan * Indonesia’s heavy equipment demand may fall to 10,000-11,000 units in 2013 vs 14,000 units in 2012: Djoko Pranoto, President Director * Co. may account for 41% of heavy equipment demand this yr vs 43% in 2012: Pranoto

To contact the reporters on this story: Widya Utami in Jakarta at wutami@bloomberg.net; Fitri Wulandari in Jakarta at fwulandari@bloomberg.net

To contact the editor responsible for this story: Michael Patterson at mpatterson10@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.