We Are One of Indonesia’s Largest Coal Reserve Owners
We are listed on the SGX-ST Mainboard and is principally engaged in the exploration, mining, marketing and trading of thermal coal sourced from our coal mining concession areas, covering an
aggregate of approximately 42,904 hectares in South Kalimantan, Central Kalimantan, Jambi (a province in Sumatra) and South Sumatra Basin, Indonesia.
We own the rights to mine more than 2.4 billion tonnes of thermal coal resources with coal reserves estimates of more than 828 million tonnes as at 31 December 2017. Our
thermal coal reserves are of an average calorific value range of between 2,900 kcal/kg (arb) to 6,600 kcal/kg (arb).
In 2018, we completed a strategic acquisition of approximately 10% of Westgold Resources Limited, a top Australian gold producer listed on the Australian Stock Exchange, to diversify the Group’s portfolio to include counter cyclical precious metals.