PT BERAU COAL
Type: Thermal Coal
Concession area: 118,400ha
Total Reserves: 512mt
Coal Contract of Work (“CCoW”): Concession granted to PT Berau until 2025, with further extensions envisaged.
Asia Resource Minerals plc is a FTSE listed resources company with an 84.7% controlling interest in PT Berau, the fifth-largest thermal coal producer in Indonesia. PT Berau has three principal open cut mining operations: Lati, Binungan and Sambarata, located in a 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 5,700 kcal/kg (on a ‘gross as received’ basis) for use mainly in coal fired power plants.
|Thermal Coal||100% basis (million tonnes)||ARM attributable share (million tonnes)||100% basis (million tonnes)||ARM attributable share (million tonnes)|
Read More About Berau Coal
Berau Coal supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines and Thailand. Berau Coal’s customers are mainly utility companies and coal trading companies.
Berau Coal completed an initial public offering and its shares were listed on the Indonesian Stock Exchange (“IDX”) in August 2010. Further information can be found on the Company’s website at www.beraucoal.co.id/
Annual coal mined (100% basis)
|Year||Coal mined (millions of tonnes)|
Financial information (Berau Coal Energy)*
|Year||Sales US$m||Operating profit for the year (US$m)|
**Restated for the effects of other exceptional costs