Through PT Prima Bara Indonesia, PT Prima Multi Artha owned 2 Mining Business Lisence (IUP) in Central Kalimantan. The first IUP at Gunung Mas Regency covered the 10,000 hectares and the other IUP is at Katingan Regency covered 8,928 hectares area.
The Gunung Mas IUP has finished the exploration phase for the first 500 hectares with reserved resources of 22,900,000 MT.
The Katingan IUP also finished the exploration phase for 575 hectares, with resources indicated at 39,000,000 MT. The other 2,300 ha has indicated 98,000,000 MT of coals. The first two phases of explorations are using JORC international standar license.
In this Central Kalimantan area, PT Prima Multi Artha will develop a new integrated mining industry.
To be able to run the business, a modern infrastructure is going to develop surrounding the area, from hauling road, coal terminal, bridges even a power plant might build to support the longevity of the business. Since 2012 last year, we undergo of getting some foreign investors to start the project.
Our target is by the next 2 years this IUP concession will start producing coals at least 200,000 MT per month. We will increase this production target annually accordance with the infrastructure completion.