PT Borneo Indobara (“BIB”)

BIB Concession
Location (& size) South Kalimantan (24,100 ha)
Number of coal blocks 5
JORC Reserve Proved & Probable (*) 679.8m tonnes
JORC Resource Measured, Indicated & Inferred (*) 1,817 million tonnes
CV (arb) (*) 3,866 – 6,528 kcal/kg (arb)
License 2nd Gen CCOW up to 30 years (2036)
2018 Production 20.3m tonnes
Remarks
  • Largest coal reserve of GEAR
  • Low average life-of-mine strip ratio of only 1:4.4
  • Excellent coal transport infrastructure
  • Coal blocks are located between 7-52 km from the nearest port
  • Open-pit mining
Note:
(*) based on independent QP Report as at 31 December 2018
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