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

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Nov. 28 (Bloomberg) -- 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

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