Indonesia, in 2011 was the world’s 6th largest coal producer and the world’s largest thermal coal exporter. This large industrial capacity and corresponding domestic and export infrastructure makes Indonesia an ideal location for the commercialisation of the BCB technology.
Nearly 80% of Indonesian coal production is rated as sub-bituminous which makes White Energy and its unique BCB technology a highly suitable candidate to upgrade this coal and fulfil the increasing demand for environmentally friendly, low ash, low sulphur and low nitrogen coal with a corresponding high energy rating. The bulk of the coal resource is situated in the provinces of East and South Kalimantan and South Sumatra.
Indonesia’s prominence as a major exporter is mainly due to the low cost operations of open pit mining and its advantageous location to key energy consuming markets of China, India and Japan. Indonesia’s beneficial location to South East and North Asia ensures that the exporting of White Energy’s upgraded coal from Indonesia is highly competitive on the export market.
White Energy representatives in Indonesia have continued to work with several parties seeking to identify and evaluate coal deposits in the Indonesian market. A select number of potential project opportunities have been short-listed during the period. The project opportunities being investigated comprise a mixture of coal qualities, including those suitable for upgrading using the BCB technology and those which could be mined and sold directly into export markets. White Energy’s Indonesian based geologists and engineers are in the process of conducting detailed analysis and due diligence in respect of these target concessions.