Name of the Project
Bumi Barrito Minerals (BBM) pulverised coal injection startup project.

Location
Close to the Barito river, in Kalimantan, Indonesia.

Project Owner/s
Cokal (60%).

Project Description
BBM contains a Joint Ore Reserves Committee-compliant coal resource estimate of 266.6-million tonnes comprising 19.5-million tonnes measured, 23.1-million tonnes indicated and 224-million tonnes inferred resources.

The project involves the development of a two-million-tonne-a-year opencut mining operation over ten years.

Cokal has environmental approval to mine at a rate of up to six-million tonnes a year, with the mining licence valid for 20 years, with a further two extensions of ten years each.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
$68-million.

Planned Start/End Date
Not stated.

Latest Developments
Cokal has started contractor-led mining operations, with mining partner PT Harapan Mitra Lestari (HML) completing the first overburden cut in Pit 3.

Two mining fleets are operating on site as part of HML’s sequential ramp-up plan. The remaining two fleets are expected to start work by early December.

All four fleets – comprising 50 t class excavators and associated ancillary equipment – have been fully mobilised to BBM.
The phased startup follows the mine plan sequencing developed jointly with HML and is aimed at ensuring an efficient, steady lift in output.

The milestone marks the transition to full contractor-led activity at BBM and aligns with Cokal’s strategy to progressively increase production, in line with improving metallurgical coal market conditions.

The company will continue providing operational updates as the ramp-up advances.

Key Contracts, Suppliers and Consultants
HPU (mining contractors); and CBQ (openpit overburden mining services).

Contact Details for Project Information
Cokal, tel +61 7 3212 6299 or email info@cokal.com.au.