Location: West Papua Province, Indonesia
Area: 30,000 hectares coal deposits
GCV (adb): 6000 Kcal/kg
CV (daf): 7400 Kcal/kg
Highly favorable and lucrative concession: (a) only 1 hour by road from city
(b) only 20 meters from main road
(c) only 8 kilometers to jetty
(d) only 3 kilometers to vessel anchorage by tongkang
Attractive terms: (1) Investor provides 100% capital. Production split 70/30. (2) Full control of operations and management by investor
(3) No upfront payment, no advance payment, no royalty payment, no deposit and no hidden payment to concession owner except the necessary licenses such as exploration, production operation, etc. and such fees deductible from profits generated by the JV company.
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