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Profile: APAC Coal Ltd (AAL.AX)

AAL.AX on Australia Stock Exchange

16 Jun 2016
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APAC Coal Limited (APAC) is an Australia-based mineral exploration company. The Company is engaged in the care and maintenance of a coal resource of approximately 18.2 million tons in the around 890 hectares of the mining license area and reviewing further investment opportunities for the Company. It has a concession to explore for coal over an around 23,124 hectare parcel of land in East Kalimantan, Indonesia. Its exploration tenement is held by PT Batubara Selaras Sapta, which is its subsidiary. Its exploration tenement covers an area of around 68,360 hectares and is located in East Kalimantan on Borneo Island. The Company also holds coal-mining rights by way of a PKP2B license over an area of around nine square kilometers within the larger concessions, which is known as the Bekorok (Bekoso-Lempesu) Block. It is a subsidiary of Magnus Energy Group Ltd, which operates in the upstream petroleum and coal business. PT Deefu Chemical Indonesia is the other subsidiary of the Company.

Company Address

APAC Coal Ltd

400 Orchard Road, #19-06 Orchard
P: +656.3251850
F: +656.3251851

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