Marunda Graha Mineral (MGM) is a metallurgical and thermal coal operation located in the Murung Raya regency in Central Kalimantan. The operation lies directly adjacent to the west of the Asmin Koalindo Tuhup operation and the BHP Billiton owned Lahai concession , which makes up part of the Indomet coal project (purchased by Adaro Energy, settlement expected Q4 2016). The 25 square kilometre concession operates under a Generation II Coal Cooperation Agreement which was awarded on 8 August 1994.
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Affected by the global economy, shale gas and emission targets, the coal industry has encountered a number of challenges and uncertainties. Factors such as overcapacity, weakening demand and falling prices have resulted in a period of price deflation, with individual companies forced to consolidate and rationalise non-core assets.
This Metallurgical Coal Mine report includes detailed analyses of the location, ownership, reserves, geology, production, infrastructure, capital and operating costs of this mine.
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Asset report | Aug 2016
Marunda Graha Mineral coal mine
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