coal-assets

OUR COAL ASSETS

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SDJ


SDJ has been engaged in coal mining activities in South Kalimantan since 2002, and currently holds a 235 ha coal concession by virtue of a Production Operation IUP granted in June 2014 and valid until May 2022.
 
SDJ commenced coal production from the concession in December 2015, and delivered the first shipment of 55,000 tonnes of coal to China in January 2016. As of April 2016, it has loaded seven shipments of approximately 52,500 tonnes each and a total of 390,000 tonnes to customers in China.

SDJ has engaged open-cut coal mining contractor BUMA, a subsidiary of Indonesia-listed mining services firm PT Delta Dunia Makmur Tbk.,
to conduct mining operations.
 
SDJ achieved a coal production and delivery of 5.5 million tonnes in 2016.

Concession Area
The SDJ concession covers an area of 235 ha, and is administratively located in Angsana and Sungai Lohan districts, Tanah Bumbu regency,
South Kalimantan.

The easiest way to reach the concession area from Jakarta is to take a two hour domestic flight to the province’s capital of Banjarmasin and then continue the trip by car to Tanah Bumbu for approximately three hours. From Tanah Bumbu, the concession area can be reached within approximately thirty minutes via a regional tarred road and then palm plant haul road.

 Category   Mineral Type  Gross Attributable to License 1    Net Attributable to Issuer 4  Remarks
Tonnes
(millions)
Grade Tonnes
(millions)
Grade Change from
previous update
2
(%)
Reserves 5
Proved  Coal 27.8 Sub-bituminous
Rank B
27.5 Sub-bituminous
Rank B
- 17% Changes due to
production and
reconciliation
adjustment
Probable Coal 8.2 Sub-bituminous
Rank B
8.1 Sub-bituminous
Rank B
- 9%
Total Coal 36.0 Sub-bituminous
Rank B
35.6 Sub-bituminous
Rank B
- 15%
Resources 3 & 5
Measured Coal 29.8 Sub-bituminous
Rank B
29.5 Sub-bituminous
Rank B
- 29% Changes due
to production, density
adjustment and revised
bottom limit
Indicated Coal 9.6 Sub-bituminous
Rank B
9.5 Sub-bituminous
Rank B
- 32%
Inferred Coal 0.9 Sub-bituminous
Rank B
0.9 Sub-bituminous
Rank B
- 59%
Total Coal 40.3 Sub-bituminous
Rank B
39.9 Sub-bituminous
Rank B
- 31%

Notes:
1 License refers to SDJ Production Operation IUP.
2 Previous coal reserves and resources estimates as at 31 December 2015.
3 Resources are inclusive of reserves.
4 The results presented are rounded to reflect the accuracy of the estimates. Minor discrepancies are due to rounding and are not considered material by SMGC.
5 Reserves and resources are reported in accordance with SMGC’ interpretation of the JORC Code 2012 Edition.