CKA – Bumi Barito Mineral Coal Mine – Borneo - Project Profile
"CKA – Bumi Barito Mineral Coal Mine – Borneo - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
The "CKA – Bumi Barito Mineral Coal Mine – Borneo - Project Profile" is part of Timetric's database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.
Cokal (CKA) is planning to undertake the construction of a coal mine project on the island of Borneo, Indonesia.
The project involves the construction of coal handling and preparation plant (CHPP) with a capacity of two million tonnes per annum (MTPA) on 15,000ha of land.
The project includes the construction of haulage road and all necessary transport and site infrastructure related facilities.
In October 2012, the initial pre-feasibility study was completed by SMEC International Pty Ltd. The environmental study was completed in January 2013.
In May 2013, Production Mining Lease (IUP) approval was granted.
In May 2013, CKA entered into a joint-venture agreement with Meratus Advance Maritime to own and manage the shallow river barges and tugs designed specifically for the project.
In February 2014, the feasibility study, which was conducted by Resindo Resources & Energy Indonesia, was completed.
In March 2014, CKA secured a funding package from Platinum Partners(Platinum) for the development of the project.
In July 2014, CKA received the In-Principle Forestry Permit which is last stage of approval before approving the Borrow and Use of Forest Area Permit.
In August 2015, CKA received approval for Borrow and Use of Forest Area Permit or Forestry Permit.
On May 16, 2016, CKA signed a memorandum of understanding (MoU) with Blackspace for possible project funding or a corporate level transaction.
CKA has acquired the relevant regulatory approvals, including the mining, environmental and forestry approvals from the various Indonesian government departments.
CKA is the process of raising funds for the project implementation.
The project involves the construction of a coal handling and preparation plant (CHPP) with a capacity of 2MTPA on 15,000ha of land adjacent to BHP Billiton’s Juloi tenement, straddling the Barito River in Central Kalimantan, on the island of Borneo, Indonesia.
The US$68 million project includes the following:
1. Construction of a CHPP
2. Construction of a haulage road
3. Construction of necessary transport and site infrastructure
4. Construction of other related facilities
Reasons To Buy