1. Focus: Bharinto and Tandung Mayang

Transcription

1 1. Focus: Bharinto and Tandung Mayang 4

2 New integrated operations groups ITM operations in Kalimantan 1 2 Palangkaraya Kitadin Td.Mayang Bunyut Port Trubaindo 1 Bharinto 2 Samarinda Balikpapan Indominco Bontang Coal Terminal Kitadin Embalut Product coal conveyor, stacking, stockpile ROM stockpile South Block 1 (Dayak Besar) Bunyut Port Maha kam River Kedangpahu North Block River PT. TRUBAINDO TANDUNG MAYANG ROM stockpile Mine stockyard WEST BLOCK Santan River EAST BLOCK Asphalt haul road Port stock yard Operations Ports Hauling Stockpile Crusher Bontang City Bontang Coal Terminal Post Panamax Inland 95,000DWT conveyor 4km Banjarmasin Jorong Port Jorong PT. BHARINTO South Block 2 (Biangan) Going forward, ITM will rationalize and consolidate its Kalimantan operations into three operational groups Each group will have its own integrated mining, crushing and logistics system Objective will be increased efficiency, optimization and productivity The Trubaindo-Bharinto operations consist of the Bunyut barge port, Trubaindo North Block, Trubaindo S. Block and Bharinto Operations group target output (medium term): Mtpa The Bharinto project represents a low risk and low cost brownfield expansion of its operations group The Indominco-Tandung Mayang operations consist of the Bontang Coal Terminal, Indominco W. Block, Indominco E. Block, Kitadin Embalut and Tandung Mayang Operations group target output (medium term): 15 Mtpa The Tandung Mayang project also represents a low risk and low cost brownfield expansion of the Bontang operations group 5

3 Bharinto and Tandung Mayang (overview) Bharinto Tandung Mayang First output 4Q Q 2011 Target annual output 2-4 Mt 2-3 Mt Coal quality* 6,800 kcal/kg Sulfur 0.8% 6,800 kcal/kg Sulfur 1.5% Reserves 45.5 Mt 9.7 Mt Strip ratio (avg.) 7.8 bcm/t 15.0 bcm/t Logistics to ship Truck Bunyut barge loader Truck BoCT ship loader Capital expenditure US$ 44 m (US$ 39 m spent to date on infrastructure) US$ 30 m (US$ 26 m spent-to-date on equipment) *Air dried basis 6

4 Current status Bharinto Tandung Mayang Crushing plant construction under commissioning Already started the pre-stripping activity in 1Q11 at TDMY KP Mining contractor selected in March 2011 Coal production will restart in 3Q11 Site preparation underway to start pre-stripping activity in 3Q11 FY11 output 0.5 Mt FY11 output : 0.2 Mt 7

5 Reserves INDICATIVE ONLY Bharinto Tandung Mayang OB 355 M bcm OB 146 M bcm Average SR 7.8 bcm/t Average SR 15.0 bcm/t Reserves 45.5Mt 6,800 kcal/kg (adb) Sulfur: 0.8% Ash: 4% Reserves 9.7 Mt 6,800 kcal/kg (adb) Sulfur: 1.5% Ash: 4% 8

6 Bharinto schematic Aerial view schematic MAHAKAM RIVER BUNYUT PORT CR4 A Cross section schematic B TRUBAINDO SOUTH BLOCK 15 KM. TRUBAINDO NORTH BLOCK HIGH WALL BENCHES Approx depth 90 metres BHARINTO A Total 84 km ILLUSTRATIVE ONLY B SECTION LINE Bharinto project timeline Acquired concession Feasibility study Construction commenced Q309 First output: 0.2 Mtpa 9

7 Conversion of resources to reserves at Bharinto Current expected mine life of Bharinto based on existing reserves is until 2024 Reserves 45.5 Mt Subject to further feasibility assessment, mining permit and coal price outlook, Banpu expects some potential conversion of resources to reserves at Bharinto Resources 298 Mt 10

8 Tandung Mayang schematic MINED OUT AREA Aerial view schematic Cross section schematic A 10 km TANDUNG MAYANG SECTION LINE B CR1 WEST BLOCK INDOMINCO CR2 CR3 EAST BLOCK BONTANG CITY Mined out (Indominco) A TM extension OB B HIGH WALL BENCHES Approx depth BONTANG COAL TERMINAL 160 metres ILLUSTRATIVE ONLY Tandung Mayang project timeline Operation ceased Feasibility study Closure process Tandung Mayang unit worked as contractor on adjacent IMM concession 2008 Operation to restart in 3Q /16 11

9 Indicative ROM output targets In million tonnes (Mt) Bharinto SR (bcm/t) Tandung Mayang SR (bcm/t) [16.0]* na * Actual strip ratio will be higher (approx 28x) but will include advanced overburden removal which will be amortized over the life of the mine INDICATIVE ONLY 12

10 Bharinto project photos Safety talk Checking automation Coal feeder Truck dumping 13

11 Bharinto project photos Coal handling equipment commissioning 14

12 Tandung Mayang project photo TANDUNG MAYANG INDOMINCO (mined out) m 1,500 1, Plan view 15