Indonesia is one of the main players in the global coal market and currently the world's largest thermal coal exporting country. The government of Indonesia has accelerated the operation of new coal mines in response to both local and global demand for coal products which continues to grow.
A significant portion of this exported thermal coal consists of a medium-quality type (between 5100 and 6100 cal/gram) and a low-quality type (below 5100 cal/gram) for which large demand comes from China and India. According to information presented by the Indonesian Ministry of Energy, Indonesian coal reserves are estimated to last around 83 years if the current rate of production is to be continued. Regarding global coal reserves, Indonesia currently ranks 10th, containing roughly 3.1 percent of total proven global coal reserves according to the most recent BP Statistical Review of World Energy. Around 60 percent of Indonesia's total coal reserves consists of the cheaper lower quality (sub-bituminous) coal that contains less than 6100 cal/gram. We continuously monitor the coal during production, hauling, stockpiling, crushing, loading on to the barges and finally loading on to the mothervessel. We have a fleet of more than 100 dedicated barges which ply throughout the year to transport our product thus ensuring timely delivery.
Our vast network of suppliers and ability to purchase the required quality and quantity on spot basis provides us the necessary flexibility to fulfill the contract on time. We do not make excuses about the fickle nature of Indonesian weather or pass on the blame to our supplier. We deliver Quality and Quantity on Time.