This area of practice has just started, we are in the learning by doing stage to be a matured player in the field of metal - mineral, especially focus on non cooked steam coal. However, some signed contracts and preliminary cargo survey prior to executing shipment to overseas, has been achieved successfully, even though failing at the end due to partner's de-committed to the current existing agreement has taken place.
Continuous improvement and always looking for better way in performing any deal, creating the general flow process covering P-D-C-A cycle (Plan-Do-Check-Action) is on the right way to follow.
Coal supply comes from our own group mines which is located in South Kalimantan under the mine name of PT. Batu Gunung Mulia with a main plot for almost 500 Hectares and ROM (Run-of-Mine) Coal of about 6,500Kcal/Kg (ADB), KUD Sido Makmur and PT. Putra Batu Licin Membangun, which we offer to our customers on the commonly required 6,300Kcal/ Kg requirements with loading at the famous Taboneo or Tanjung Pemancingan Coal Anchorage Point.
We are currently on the process of making shipments to local and extensive efforts to perform some projects on exporting, some on spot business and some on min 1 year contracts and we expect to start our first shipment to China before end of this year to one of the major power stations there. For our strategic long term clients, we even consider to perform CFR shipments with them, having the confidence in our coal and also strong in financing linkage. This is all in all to provide a solid customer oriented program and aiming for a long term business relationship with them.
To make up the shortfall, we have also on the way in signed up strategic Joint Operations with other mine owners. Through the leadership and vast experience of one of our operation expert, we also started on the business of mining contractors for coal and started producing mines for our own contract requirements through strong joint operations with mine owners.
Putting up our corporate as marketing representative office of various miner/main contractor and trader companies in Kalimantan is also one of our valuable strategies to catch up the overseas market since Batam is very near to Singapore as a well known country in terms of strong trading and services provider widely.
Again we ensure that all our offers are direct from own mines or direct to miners, either from KP / IUP owners or SPK owners or from the main contractors through strategic allocations obtained through sales and marketing agreement.