Indonesia will become the largest
exporter of thermal coal globally.
Growing demand in 10 ASEAN countries. 49% of their power will come from coal by 2035.
TWICE the global average.
Southeast Asian coal demand is set to triple in the next 25 years*.
* Source according to IEA
East Kalimantan produces 2/3 of Indonesia coal output
Plans to develop its generation capacity as domestic consumption increase.
ASMC has an experienced team of explorers comprising of three nationalities, who under expert guidance are working on projects throughout ASEAN. Current exploration efforts are focussed on West Java, Sulawesi, Kalimantan and Sumatra in Indonesia; looking at high quality coal, gold and base metals prospects; Mindanao, Mindoro and Luzon in Philippines; Malaysia.
We are also evaluating other projects throughout South East Asia on an ad hoc basis.
Our exploration focus is on precious metals foremost but we will evaluate other commodities based on project quality measured against current and long-term market status. ASMC is open to negotiate various scenarios from take-over, Joint Venture to exploring and developing for fee or earn-in.
The license is in the final stages of resource and reserve evaluation and production planning, an exploration program aimed to expand the already 1,087 ha manganese license is ongoing. Exploration for high CV coal as well as Gold is ongoing on several other licences.
Two licence blocks of 1097 ha and 2291 ha respectively are under exploration for multiple commodities.
We are also supporting local communities with small gold licences doing resource evaluation and designing best practice glean-gold operations.
Kendari is a PT Sambas ASMC Global nickel laterite project awarded export rights on the 31st of October 2017. The project has a license to export 2.97-million MT of nickel-laterite ore per year. The mine license of 1,008 ha has an ongoing mining and mine expansion program throughout the license. The Kendari project also includes the constructing of a Ferro-nickel smelter of which the first line of 10 is expected to be operational in the first quarter of 2019.
The Tarakan Basin is the main coal-bearing basin in East Kalimantan, with the Berau Sub-basin, as its main coal-bearing basin.
BERAU JAYA PERKASA is a coal mining licence in which ASMC is a joint venture partner. The mine license of 1,368 ha, is located on the western flank of the Berau Sub Basin. In addition to the coal seam being more than 10m thick, it is a low-ash coal containing extremely low levels of sulphur, ensuring a clean product with minimal environmental impacts. The licence is in the final stages of resource and reserve estimation and mine infrastructure planning, with production estimated to begin H2, 2018.
The 10 booming economies of Southeast Asia are rapidly emerging as energy-consuming giants. However as indigenous fuel production dwindles and competition for resources mounts, they all face a number of energy uncertainties.
Consensus is that the focus of world energy demand has shifted away from the U.S. and Europe to Asia, driven by the soaring economies of the 10 countries that make up the Association of Southeast Asian Nations (ASEAN), along with China and India.
South-east Asian coal demand is set to triple in the next 25 years.
There’s a big push to boost coal in the energy sector instead of natural gas across Southeast Asia.
South-east Asia’s embrace of coal comes with a geopolitical twist – As Western financial institutions such as the World Bank and European and American development banks walk away from funding coal, the IEA predicts that Chinese-led institutions such as the recently formed Asian Infrastructure Investment Bank will step into the breach to help south-east Asia meet the higher cost of low-emission coal technology.
On their own, China, India, Indonesia and Vietnam account for three-quarters of new coal-fired power plants expected to be built around the world in the next five years. In India alone, about 300 million people live without access to electricity.
Ferry is one of ASMC’s most critical “on the ground” managers. He graduated from Gadjah Mada University with a Masters of Business Administration, and has always had a talent for developing streamlined, flexible organizational systems. His ability to rectify and refine organizational processes has served several companies well, and he excelled in his last appointment as Regional Manager at PT. Anugrah Karunia Alam before joining ASMC Indonesia.
Previously, he also distinguished himself with stints at HSBC Indonesia, and at Standard Chartered Bank in Jarkarta.
Ferry’s tenacity is an example to his subordinates and peers being one of ASMC’s most tireless front line workers. He is often the first to be consulted for solutions on daily operational needs.
Jeffrey is a Business Development Manager with Asia Strategic Mining Corporation Pte Ltd
Expertise and Experience:
Jeffrey is a highly driven professional with substantial experience in all aspect of mining investment, sales/marketing/business development for coal, mineral and precious metal. Graduated in building construction, with keen interests, he moved into the mining industry and worked with a major Indonesian coal miner, top commodity trading houses developing sales to a wide range of customers such as cement, power generation, textile, stockpile port terminal and other industrial factories in China, India and within South East Asia. His entrepreneurial and commercially astute skills are a substantial asset to serving our international customers with different cultural background.
Other Directorships and Offices (current and recent):
Board Committee memberships:
Dr Willem has been a Mining Director of Asia Strategic Mining Corporation since May 2016.
Dr Willem Smuts is a geologist with a master’s degree in sedimentology from the University of Port Elizabeth and a PhD from Pretoria University. He is a registered professional earth scientist and has authored and co-authored over 79 scientific and technical papers. Also, he is recognised as a Qualified Person pursuant to NI 43-101 and a Competent Person under the JORC and SAMREC codes respectively.
Willem has 30 years of technical and management experience in the fields of research, exploration, mining and consulting. During that period he was a director of several private companies and CEO and President of a Canadian listed junior miner. He has edited several leading mining magazines, independently consults on coal, diamond, gold and base metals exploration and has been delivering hands-on mining courses and workshops for mining and financial companies and individuals around the globe.