How We Do It

line

“Transformation into a nimble and competitive
business model by changing from a mining services
operator to a low-cost coal producer”

We have strong business relationships and strategic partnerships with the major players in the industry.
✔Outsourced mining services to one of the largest mining services company.
✔Coal sales off-take and prepayments with major international commodity trading houses.

business-model

 OUR BUSINESS MODEL
(CAN BE EASILY DUPLICATED)

NO CAPEX & quickly SCALABLE

Mining contractor - SDJ
(BUMA)

Awarded a more than US$ 400 million mining services contract over the Life of Mine (LOM) on the SDJ coal mine. Commenced production in late 2015.

Mining contractor – TBR, others
(BUMA or Others)

Appointment  currently under review  and appointment by 2H 2017. This mining services contract has a value worth about US$ 400 million over the LOM on the TBR coal mine. To commence production in late 2H 2017.

Coal sales off-taker - SDJ
(ECTP)

Off-take over the LOM on certain minimum quantity for a year with prepayment. 2017 minimum quantity committed is a minimum of 7 million tonnes with
US$ 40 million prepayment in December 2016 paid.

Coal sales off-taker – TBR, others
(ECTP or Others)

Currently under negotiation for off-take over TBR LOM on certain minimum quantity for a year with prepayment for 2017/2018 not expected to be less than the SDJ sales off-take.