Name of the Project
Bumi Barrito Minerals (BBM) pulverised coal injection (PCI) start-up project.

Location
The project is located close to the Barito river, in Kalimantan, Indonesia.

Client
Cokal.

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.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
$68-million.

Duration
Initial construction is expected to take about 12 months, with first production from BBM scheduled for the first quarter after construction is completed.

Latest Developments
Cokal has signed a nonbinding heads of agreement with Vietnam’s An PhatLoc General Trading Co to jointly develop shallow draft barging on the Barito river to transport coal from the BBM project area.

Barges built by An PhatLoc, carrying about 1 700 t of coal can be designed to operate in depths of 3 m. If the load is reduced to 1 000 t, they will be able to operate in depths of 1.95 m. This would allow for successful barging operations from Cokal’s BBM mining operation over significantly longer periods than conventional draft barges, which are currently used in Indonesia, the company has said.

A proposed schedule has been agreed upon to finalise boat specifications and negotiate commercial terms to buy four barges and a push boat, with delivery to the Barito river by mid-2019.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

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