Cokal (ASX: CKA) — Company Overview, News & Financial Data
Cokal is focused on high-margin metallurgical coal with a growth strategy emphasizing asset acquisition and positive stakeholder relations.
Cokal
Cokal is a metallurgical coal exploration and development company focused on identified coal basins in Central Kalimantan, Indonesia. The company holds interests in multiple coal tenements, primarily developing its flagship Bumi Barito Mineral project to produce high-grade hard coking coal and pulverized coal injection products for primary steelmaking. Its additional regional projects in Kalimantan include Tambang Benua Alam Raya, Borneo Bara Prima, and Anugerah Alam Katingan. Cokal aims to supply international metallurgical coal markets through integrated logistics, shallow-river transport, and dedicated port infrastructure across its Indonesian operational footprint.
Snapshot
Operations
Products and/or services of Cokal
- Hard Coking Coal Production: Extraction and processing of high-rank hard coking coal characterized by low ash content and strong coking capabilities, supplying primary steelmakers with essential high-carbon fuel required for blast furnace operation.
- Pulverised Coal Injection Coal: Production of high-fixed-carbon, low-volatile coal designed for direct injection into blast furnaces, reducing overall coke consumption and enhancing operational thermal efficiency during the metallurgical steel manufacturing process.
- Metallurgical Coal Mine Development: Engineering and operational development of open-cut coal deposits in Central Kalimantan, including overburden clearing, seam extraction, wash plant operations, and site infrastructure to establish active production capabilities.
- Barging and Logistics Transport: Bulk logistics and river transport management utilizing shallow-draft vessels, staging stockpiles, and river loading facilities to transport mined coal from inland operations down river corridors to ocean vessel loading ports.
- Coal Exploration and Resource Definition: Technical drilling, core analysis, geological mapping, and JORC-compliant resource estimation across greenfield and brownfield metallurgical coal tenements to expand proven reserves and identify future mining targets.
- International Asset Portfolio Exploration: Evaluation and prospective exploration of metallurgical coal tenements across Eastern Africa to complement Southeast Asian operations and establish geographic diversification in global steelmaking coal supply chains.
Cokal executive team
- Mr. Karan Bangur B.Com.CEO, MD & Director
- Mr. Andrew Ichwan CPAHead of Accounting & Finance
- Mr. Loke Cherng HueiDirector of BBM & Operation Director
- Mr. Luki WiliantoGeology Manager
- Mr. Pak SukardiPresident Director of BBM
- Mr. Wai Fong ChinPresident Commissioner of BBM
- Mr. Muhammad Arie CahyonoHead of Engineering Department
- Ms. Louisa Anne Martino B.Com., C.A., SA FinJoint Company Secretary
- Ms. Yuan YuanJoint Company Secretary