Business & Mining Areas

Business & Mining

Business scope: coal mining and coal sales. The principal mining area is located in Sungai Durian, Kotabaru Regency, South Kalimantan, Indonesia.

Core Business

Business and Products

Coal Mining

Mining is conducted under a Mining Business License (IUP) covering approximately 184.92 km², renewed through 14 May 2034.

Coal Sales

The Company markets its own coal. On 7 May 2026 it entered into a coal supply agreement with Zhejiang Energy Asia Pacific for 70,000 metric tonnes of Indonesian thermal coal.

Principal Product

Indonesian thermal coal for power generation.

Mining Rights

Concessions and Mining Rights

The Company holds mining rights across five concessions — SDE, TSE, SME, VSE and IMJ. The SDE area, developed first, has a planned annual capacity of 30 Mtpa. The 30 Mtpa figure is a planned capacity and the 10 Mtpa figure for SDE-2 is a designed capacity; neither represents actual output.

SDE-1

In production. Its pithead power plant was connected to the grid on 21 March 2026.

SDE-2

Commissioned on 28 March 2026 with a designed annual capacity of 10 Mtpa. Its pithead power plant and coal washing plant are under construction.

Operating Data

Operating Data

Figures shown with their corresponding periods.

Production

  • Trial production commenced18 December 2023
  • Cumulative raw coal outputApprox. 0.88 Mt (as of 31 May 2024, since trial production)
  • FY2025 raw coal output5.42 Mt, up 111% year on year

Price and margin (FY2025)

  • Average selling priceRMB 424 per tonne
  • Gross profit per tonneRMB 109 per tonne

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