Project TSA

 

THERMAL COAL:

Concession area: 9,690 hectares.

Location: North Mumuju District, West Sulawesi, Indonesia.

Resources:           

Measured: 71,038,925 MT (to be confirmed by independent mining technical experts)               

Indicated: 205,334,343 MT (to be confirmed by independent mining technical experts)

Stripping ratio:1:10 (to be confirmed)

Distance:           

To port: Approx. 20 km.

 

COAL QUALITY:          

Gross Calorific Value:  6,270 Kcal/Kg (ADB)

Total Moisture:  6.0 % (ARB)

Inherent moisture: 3.4 % (ADB)

Ash:  17.1 % (ADB)

Total sulfur:  0.87 % (ADB)

Volatile matter:   34.1 % (ADB)

Fixed carbon:  45.4 % (ADB)

HGI:  N/A 

 

LICENSES & PERMITS:  

IUP Operasi Produksi:    No. 285 Tahun 2010. 

Clean & Clear Status:    Men Tamben No. Urut 123.

Amdal:                 Ijin Dinas Kehutanan Dan Lingkungan Hidup No. 522/III/VII/2010/DISHUT-LH.

                              Ijin Kabupaten Mamuju Utara  No. 660/002/DESDM/2010.

Jetty Permit:   TBA

Permit: TBA

Bulk sale &Transportation:TBA  

 

ACQUISITION STATUS: 

Documentation status:    Definitive Agreement signed; Technical, Legal, and Financial Due Diligence in progress.

Proposed purchase price:  Combination of stock and cash (70% equity ownership).

 

PROJECT SITE: Download here

 

REPORT OF ANALYSIS: Download here

 

GALLERY: