Surya Tambang Tolindo

STT is currently under exploration and is located in the East Kalimantan Province of Indonesia. It covers a total of 4,600 ha of land located in the Damai sub-district of the Kutai Barat regency in the Indonesian province of East Kalimantan. STT holds an Operation Production IUP effective through 26 October 2032.

Coal within the STT concession is characterized as high CV with low ash coal.

Exploration target estimate as of 31 December 2023

CATEGORYMINERAL TYPEGROSS ATTRIBUTABLE TO LICENSENET ATTRIBUTABLE TO ISSUER(1)
COAL QUANTITY   
TonnageMtadb1 – 25
COAL QUALITY   
Total Moisture%arb3 – 13
Inherent Moisture%adb2 – 5
Ash%adb2 – 20
Volatile Matter%adb36 – 45
Fixed Carbon%adb42 – 55
Total Sulfur%adb0.8 – 6
Calorific Value%adb6,445 – 8,065
  gar6,197 – 7,934
CSN adb0 – 7

Notes :

(1) This estimated Exploration Target coal quantity and quality is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncertain if further exploration will result in the estimation of a Mineral Resource.