Project HMM

 

 

THERMAL COAL:

Concession area: 745 hectares

Location:  Kabupaten Penajam Paser Utara, Kalimantan Timur, Indonesia

Resources:           

Measured: 10,000,000 MT (to be confirmed by independent mining technical experts)                

Stripping ratio: 1:8-15

Distance:           

Barge loading: 230 feet              

Hauling distance: 12km


COAL QUALITY:

Gross Calorific Value:    6,625 Kcal/Kg (ADB)

Total Moisture:  11.27% (ARB)

Inherent moisture: 5.82 % (ADB)

Ash:  10.10 % (ADB)

Total sulfur:  1.63 % (ADB) 

Volatile matter:   39.88 % (ADB)

Fixed carbon:  44.20 % (ADB)

HGI:  49

 

LICENSES & PERMITS:

Producing mine: IUP

Production:  545/08-IUP-OP/Ekonomi/IV/2010.

Clean & Clear: IUP-OP 545/08-IUP-OP/Ekonomi/IV/2010.

Facilities & Port Facilities:       

Total harbor area approx. 3 hectares (5-year contract)                 

Office building in area of jetty                 

Dock and loading conveyor                 

Crushing plant                 

Weight bridge.

 

ACQUISITION STATUS:

Documentation status: Signed LOI; Due Diligence in progress. 

Purchase price:  Combination of stock and cash (95% equity interest).

 

PROJECT SITE: Site Map 1, Site Map 2, Site Map 3, Site Map 4, Site Map 5, Site Map 6

 

Report of Analysis: Download here

 

GALLERY