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APAC COAL LIMITED

APAC Coal Limited “(APAC”) has a 30 Year Concession to explore for coal over a 23,124 ha parcel of land in East Kalimantan, Indonesia. A JORC compliant resource of 5.1 million tonnes has been identified which is expected to form the basis of an initial mining operation. This resource occurs within a very small area of the Concession(3.8%) with over 90% of the Concession yet to be explored to any significant degree. Kalimantan is the principal coal producing region of Indonesia, the world's 7th largest coal producer. APAC is a subsidiary of Singapore listed Magnus Energy Group Ltd (“Magnus”), which operates in the upstream petroleum and coal business. Magnus has committed to providing a low cost Management and Finance Team in the initial phase of the development of APAC.
Information
  • Company Phone +61 2 92333308
  • Address Line 1 Level 33, 50 Bridge St, SYDNEY, NSW, AUSTRALIA,
  • City Sydney
  • State New South Wales
  • Country Australia
  • Postcode 2000
  • Industry Energy
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