In this relatively short period, Coal Fe
Resources (Coal Fe) has achieved a number of significant milestones. First, it has been successful from its
inception in accumulating a number of exploration tenements with known coal
resource potentials in the Republic of Indonesia. Second, it has worked within its planned
exploration budget and successfully defined significant JORC compliant coal resources
of about 34.5 million tonnes within approximately a third of the Abadi Coal
Tenement in East Kalimantan. Third and
most significantly, it has successfully entered into a strategic alliance with
PT. Toba Jaya, an established mining services company in the Republic of
Indonesia and jointly developed and brought the Abadi Coal Project to a
producing coal mine.
The Directors of the company welcome all shareholders
and with your financial support we look forward to building up the company in
the interests of all stakeholders.
View more information on Coal Industry in Indonesia
Coal Fe Resources Limited (Stock Code: CES), a company listed in the Australia Securities Exchange (ASX), was formed with the vision to be a reliable coal producer in the Republic of Indonesia in meeting the energy needs of the republic and other countries in Asia. The company has the capabilities to explore and exploit coal tenements encompassing the key stages of exploration, mine planning, infrastructure development and production. To date, the company has successfully brought the Abadi Coal Project from a complete green field to production. Its coal produce is currently being marketed in both domestic and export markets.
Apart from coal, the company also explores opportunities in other minerals and ores in the Republic of Indonesia.
Click below to
view Board of Directors & Management Team of
Coal FE Resources
Board of Directors