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- Cokal (CKA) is moving towards coking coal production at the Bumi Barito Mineral mine in Indonesia
- The company accelerated activities for easier access to Pit 3, with road and jetty development scheduled to be complete by June 20
- CKA is continuing land compensation activities for Pit 3, which will support the mining plan over the next two years for additional infrastructure
- First saleable coal is on track for September of this year
- Shares are 3.57 per cent lower at 13.5 cents each at 2:00 pm AEST
Cokal (CKA) has progressed activities at the Bumi Barito Mineral mine in Indonesia, with coking coal production expected imminently.
The company accelerated activities for easier access to Pit 3, with road and jetty development scheduled to be complete by June 20.
The Krajan Jetty is almost 90 per cent complete, with a coal stockpile area, fuel tank storage, and other facilities already in place.
In addition, the road from the jetty to Pit 3 has been upgraded, after widening certain stretches of the road.
CKA is continuing land compensation activities for Pit 3, which will support the mining plan over the next two years for additional infrastructure.
A total of 347 hectares of land will be purchased as part of the mining plan and land compensation activities are on track to be completed by June 20 in line with the completion of the haul road.
First saleable coal is on track for September of this year.
Shares were 3.57 per cent lower today at 13.5 cents each at 2:00 pm AEST.
