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Coke Coal Mining Company Seeking Loan in Special Capital Region of Jakarta, Indonesia

High grade metallurgical coal mine having a total concession area of 922.70 Hectare.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Coke Coal Mining
Locations  Special Capital Region of Jakarta
Local Time 11:27 AM Asia / Pontianak
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 2.6 million for 10.0% annual interest, 2 years (Native Currency: IDR 42,253,650,000)
Reason: To start operations in the mining area.
Collateral Available: USD 18.5 million
Includes physical assets worth USD 18.5 million
Interested to connect with advisors
Documents
Business Overview
- Secured mining rights and all other required licenses and clearances to mine a concession area of 922.7 Hectare.
- Potential deposits in the entire concession area are estimated to be between 2,000,000 – 4,000,000 MT and can be mined using open pit methods.
- The concession is located just 16 km from the loading jetty.
- Currently in the startup phase and the pilot coal mining operation can be started within 3 months of securing funding.
- Coal quality has been certified by SUCOFINDO and JORC certification will be acquired within 8 months of funding.
- Will outsource all mining and support activities so as to solely focus on the business operations.
- Promoters have over 2 decades of experience in coal mine management and operations.
Products & Services Overview
High quality coking coal with high carbon content.
Facilities Overview
Company owned office area of 200 Sq Mt.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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