Our Mining Story

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Year
Event/s
2008
Geo Energy was established
2012
Geo Energy was listed on the Mainboard of the SGX-ST
2013
Entered into mining services contracts and mining cooperation agreement for two concessions
2014
Acquired a 66% stake in SDJ mining concession

Issued S$100mm 7% Notes due 18 January 2018
2015
SDJ entered into a cooperation agreement with BUMA (second largest mining contractor in Indonesia)

Acquired the remaining 34% stake in SDJ and SDJ started commercial operation
2016
Geo Energy ceased business operations as a coal mining services provider and transitioned into business operations as a coal producer

Geo Energy entered into a long term life of mine coal purchase agreement with ECTP

Geo Energy signed coal offtake agreement with ECTP

Entered into a CSPA to acquire PJA mining concession

Entered into a CSPA to acquire TBR mining concession
2017
Completed acquisition of TBR mining concession

OPERATIONS LIGHT,
LOW CAPEX

2016 – present:
Transformation into a top 10
coal producer in Indonesia


OPERATIONS HEAVY,
CAPEX INTENSIVE

2012 – 2015: Focus on capital
intensive mining contracting business
with limited presence in coal mining


ESTABLISHED
IN 2008

2008 – 2012:
Early development phase