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Announcement
Announcement
1 November 2013
South East Asia Resources Limited (ASX: SXI) (Company) is pleased to announce that it has
commenced production for the first shipment of semi soft coking coal from the PT Pola Andhika
Realtor (PAR) mine site in East Kalimantan Indonesia, as part of an off-take coal agreement
through its wholly owned subsidiary Singapore based South East Asia Energy Resources Pte Ltd
(SEAER PTE). The coal is being supplied under a long term agreements to the newly
commissioned Viet Trung Coke Plant in North Vietnam owned by CoalMiDanka Limited, part of
the Danka Minerals Group of Vietnam.
PT PAR soft coking coal mine is located near Balikpapan in East Kalimantan and has been under
development by SEAER. The coal is provided from a multi seam truck and excavator operations
providing both semi soft coking coal and additional high-grade thermal coal. The coal is trucked
by internal haul road some 36 kms to the barge loading port of Telen where it is processed and
loaded onto 6,000 tonne barges for 30 km trans-shipment to anchorage of Adang Bay. The coal
will be loaded in 12,000 tonne batches to the Vietnamese chartered Handimax ships using gear
and grab for direct shipment via South China Sea to the Port of Cai Lan, Quang Ninh Province
North Vietnam. The supply contract is on an FOB ship basis only.
The production is being undertaken by mining contractor Debbia Mining under the mine and
project management of United Mining Indonesia with Indonesian and Australian site
management and engineering support. The first shipment of 12,000 tonnes of coal is scheduled
to be loaded for Vietnam on the 25 November 2013, with continued monthly shipments
thereafter.
Pictures taken at site of mine site operation and port inspection by Vietnamese delegation.
ENDS
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