MEC has established MEC Coal to develop one of the largest green field coal mines in Asia, located in East Kalimantan, Indonesia.
MEC Coal, through its Indonesian subsidiary PT Tekno Orbit Persada, has thermal coal resources of Approx 1.5 - 2 billion metric tons with an upward potential of an additional 2 billion MT within the East Kutai regency of East Kalimantan province.
The current reserve is hosted in two adjoining coal blocks, which have the potential to produce 17 million metric tons per annum each during the first phase of production
The current reserve is hosted in two adjoining coal blocks, which have the potential to produce 17 million metric tons per annum each during the first phase of production
Exploration license for the 5,000 hectares of land acquired
Definitive Feasibility Study (DFS) and bankable feasibility study completed
Environmental study completed
Land acquisition completed
Definitive Feasibility Study (DFS) and bankable feasibility study completed
Environmental study completed
Land acquisition completed
Vast resources of thermal coal with low sulphur and low ash content
Open pit with single seam operation of 33 meters deep (mean thickness)
Overall strip ratio of ~1.3 in both blocks
90% of seams cored have recoveries exceeding 95%
Open pit with single seam operation of 33 meters deep (mean thickness)
Overall strip ratio of ~1.3 in both blocks
90% of seams cored have recoveries exceeding 95%