Company Profile Tempayan Emas Hitam

COMPANY PROFILE

PT. TEMPAYAN EMAS HITAM

INTEGRITY, LOYALTY TRUSTWORTHY

TABLE OF CONTENT

ABOUT US

3

OUR PHILOSOPHY

4

KEY PERSONNEL

5

OUR PRODUCTS

7

SOURCING PARTNERS

11

QUALITY IS THE PRIORITY OF WHAT WE DO IN OUR BUSINESS

ABOUT US

PT Tempayan Emas Hitam was established in Jakarta, Indonesia on 2015.

This company was formed merely to respond to many requests from the company’s founding network, namely coal and other energy industries. Since then, all effort to make it happen has been taken in place. In short period of time, the company has managed to obtain all the required legal docs, approvals, and licenses.

Supply network and demand through the founder of this company makes the entity comes legally into a company that exist in business.

The company main focuses are in the area of energy and mining industry – namely coal trading, fuel a With the experience we had, we have defined the vision of our company to become major player in the coal trading business.

PT. TEMPAYAN EMAS HITAM

3

OUR PHILOSOPHY

The philosophy of the company rests on three, solidly interrelated motives: ¤

The development of a dedicated and sustainable relationship with the local communities

¤

The contribution to the development of the country’s mining and energy sector

¤

The integration between local investments and international financial markets.

These principles have driven, and will continue to drive, TEH’s operations both locally and globally. In terms of purporting a sustainable impact with the local community, TEH is committed on several fronts. Indeed the mining sector can be said to be relatively ‘young’ in Indonesia, with all social and professional consequences that follow.

4

PT. TEMPAYAN EMAS HITAM

KEY PERSONNEL YUDIAN ALKASYAH COMMISSIONER Experienced professional in various fields since 1996. He currently holds position as a president of PT Intermatra, a company who supply refractory and installation for steel industry, cement plant and power generation plant.

He also holds a position of President Director to PT Cannet Elektrik Indonesia since 2014 who manufacture prepaid electric meter Equipped with vast networking and proven track record, he is well-known as tough yet slick young prospective entrepreneur.

SYEILENDRA

Y.H. HUTABARAT (JOE)

Experience professional in various industries, namely Banking, International Trade, telecommunication, international shipping and mining industry.

Experience professional in various Energy sector industries – EPCC Contractor for Oil and Gas, Petrochemical, Fertilizer, Power Plant, Cement Plant, etc.

Former CFO of the Servo Group, a joint Venture company between Trafigura and Titan Group, a company with total infrastructure solution for coal mining and coal distribution in South Sumatera, Indonesia.

More than 25 years’ experience and involvement actively developing and constructing LNG Plant, Gas Plant, Power Plant in medium to mega scale of projects domestic and overseas.

PRESIDENT DIRECTOR

Successfully built up the network in mostly of Asia countries for having more than 10 years of experience in leadership and regional role in Singapore.

DIRECTOR

Experienced in collaboration with several world class EPCC contractors, major process licensor, Oil and Gas company.

Strong in methodological process and compliance while keeping everything “simple”.

Together with other key personnel to grow the company and create beneficial relationship with all stakeholders involved while keeping the its integrity and compliance to the highest standards of business ethics.

PT. TEMPAYAN EMAS HITAM

5

OPERATING WITH INTEGRITY

Wherever we operate in the world, we strive to work with integrity doing what is right and doing what we say we will do.

ENTREPRENEURSHIP

Seizing new opportunities with initiative and ownership.

OUR PRODUCTS

Indicators

Typical

Rejection

40.0%

–

15.0% Approx

–

6.0%

>8%

42.0% Approx

–

Total Sulphur (ARB)

0.8% Max

> 1.0%

Fixed Carbon (ARB)

By Difference

–

5,200 Kcal / Kg

< 5,000 Kcal / Kg

50-60 Approx

–

85%-90.0% Min

–

Total Moisture (ARB) Inherent Moisture (ADB) Ash Content (ADB) Volatile Matter (ADB)

COAL CALORIES GAR 52-50 PT. TEMPAYAN EMAS HITAM

GCV (ARB) Kcal/Kg HGI Size 0-50 mm

7

Indicators

Typical

Rejection

40.0%

–

15.0% Approx

–

6.0%

>8%

42.0% Approx

–

Total Sulphur (ARB)

0.8% Max

> 1.0%

Fixed Carbon (ARB)

By Difference

–

4,200 Kcal / Kg

< 4,000 Kcal / Kg

HGI

60 Approx

–

Size 0-50 mm

90.0% Min

–

Total Moisture (ARB) Inherent Moisture (ADB) Ash Content (ADB) Volatile Matter (ADB)

COAL CALORIES GAR 42-40 8

GCV (ARB) Kcal/Kg

PT. TEMPAYAN EMAS HITAM

Indicators

Typical

Rejection

40.0%

–

15.0% Approx

–

7.0%

>9%

42.0% Approx

–

Total Sulphur (ARB)

0.8% Max

> 1.0%

Fixed Carbon (ARB)

By Difference

–

4,000 Kcal / Kg

< 3,800 Kcal / Kg

HGI

60 Approx

–

Size 0-50 mm

90.0% Min

–

Total Moisture (ARB) Inherent Moisture (ADB) Ash Content (ADB) Volatile Matter (ADB)

COAL CALORIES GAR 40-38

PT. TEMPAYAN EMAS HITAM

GCV (ARB) Kcal/Kg

9

Indicators

Typical

Rejection

40.0%

–

15.0% Approx

–

6.0%

>8%

42.0% Approx

–

Total Sulphur (ARB)

0.3% Max

> 0.5%

Fixed Carbon (ARB)

By Difference

–

3,800 Kcal / Kg

< 3,600 Kcal / Kg

HGI

60 Approx

–

Size 0-50 mm

90.0% Min

–

Total Moisture (ARB) Inherent Moisture (ADB) Ash Content (ADB) Volatile Matter (ADB)

COAL CALORIES GAR 38-36

10

GCV (ARB) Kcal/Kg

PT. TEMPAYAN EMAS HITAM

SOURCING PARTNERS

Jhonlin Group is the largest coal mine and contractor Indonesia these days.

Operating predominantly from South Kalimantan, Jhonlin group transformed from local coal mine player to the major player in coal industry in Indonesia.Jhonlin group was founded in around 2005 with their first formed company PT Jhonlin Baratama.

They have a very large mine are in South Kalimantan predominantly owns mid to low range Calories of coal which is economical and very suitable for power plant consumption and as such they have become the largest coal sourcing partner for PLN.

JHONLIN GROUP

PT. TEMPAYAN EMAS HITAM

Due to supply to PLN, Jhonlin allocated to the company a specific GAR 38 - 36 with detail specification below. The company has been given the allocation from 50 K MT to 100 K MT per month, on FOB Mother vessel term

11

Mining area located at Barito Timur, Central Kalimantan.

This coal mines are stated Clean and Clear with ET license to enable them support their export business. Covering IUP area of 1500 Ha with estimated coal reserves in 5 different pit at around 40 million metric tons of coal.

Quality of GAR vary from the lowest 40 - 38 to until maximum around GAR 50 - 48. They have just competed the entire mine plan and its supporting surveys to open the second pit with GAR quality around 44 - 42.

SAPTA PESONA DINAMIKA

12

Currenty, they are working predominantly in their first pit with GAR quality around 40 - 38. Such big traders have opened their plan to also source from this coal mines which proven that this company has been running proper mine processes, from plan, exploration, and production.

PT. TEMPAYAN EMAS HITAM

NIRMALA COAL NUSANTARA This is a new coal Mine in Aceh Area covering more than 3,000 Ha of area and very short distance location from the main coal loading Jetty located in Bay Of Meulaboh, South Indonesian Sea. Nirmala Coal is located in Meulaboh Area, West Aceh Regency, NAD Province. It takes 30 minutes from Meulaboh and 1 hour from Nagan Raya Airport to the location.

It is also located 5 km from the existing IPP 2x110 MW and new IPP 2x200 MW (on progress). Compared with existing operating mine belongs to Another Companies, Nirmala Coal location is closer to the IPP, therefore the coal hauling shall be more efficient.

PT. TEMPAYAN EMAS HITAM

It is estimated more 250 million tons of Coal Resources (Geological Potential) and more 150 million tons of insitu coal at SR max 4. Main Coal Thickness are: 9 and 4.5 meter. Typical Coal Quality are Total Moistures : 35-38%, Total Sulphur

: <0,5%

Ash

; < 10

Calories

: 5300-4900 Kcal / Kg (ADB) or 3400-3000 Kcal / Kg (ARB)

Nirmala Coal Nusantara holds IUP (Coal Permit) as well as OP for distribution and transportation license. It is stated Clean and Clear (CnC) by Minerba ESDM. They have also obtained ET for exporting purpose.

Major buyers who have awarded this coal mines with long and medium term contracts are PLN, International Trader who supply power plants in Pakistan, India and surrounding area, as well as some direct buyers from Vietnam the geological structure is simple and coal dip is less than 5 degress, therefore coal mining easily can be done in an efficient way

13

Mining area located at Kintap, South Kalimantan.

Since year 2000, Dharma Coal has supplied goernment-owned power plants, cements factoies, pulp and paper mills on long term contract basis.

On this base, Dharma Coal has expanded and elarged the business through export channels to coountries such as : India, China, Thailand, Philippine, Malaysia and Vietnam. Japan is another target for their export target.

DHARMA COAL

14

The coal product is environmental friendly proven by low ash and sulphur content.

The company has built up strong facilities to support their business such as stock piles are, loading conveyor and private-onwed port loading.

PT. TEMPAYAN EMAS HITAM

These are the mining companines operates in East Kalimantan Area. They are both located in area around Sambutan, Samarinda and Loa Janan Kutai Kartnegara both in Eas Kalimantan.

They produce coal with GAR ranging from 52 - 50.

Currently, their procuction capacity is round 25 K MT to 35 K MT per month and as such, barge shipment is more viable to engage them.

They operate in area around 200 Ha as per the license obtained.

LIMBUH & SIPATUO SIPATUKKONG

PT. TEMPAYAN EMAS HITAM

They stockpiling and barging in the 3 nearby jetties : STA, PJP and PUMMA. They gave the exploration and production to the experience mining contractors to maximise their investment return in long run.

15

BAJA is the coal mining contractor and financing party as well.

They operates and base in East and South Kalimantan. They have been in the operation since the year 2003 - they have good reputations and track record in the businesiness in both area.

They have formed joint operation with mining owners to produce and therefore, they have the right to sell the coal to the end buyer as well as to major trading companies.

BAJA

16

BAJA has long term cooperation with key suppliers and service providers in both are to sustain their business in long run.

PT. TEMPAYAN EMAS HITAM

Located in Samarinda, East Kalimantan, CV Alam Jaya Indah currently occupied a land of 150 Ha, primarily producing coal with Gar 42-38. They have couple of pits currently and in active production. Most ly, they support cement plants around the region.

ALAM JAYA INDAH

PT. TEMPAYAN EMAS HITAM

The near-by jetty is SJA â&#x20AC;&#x201C; it is capable to berth 300-footer barge size and it uses conveyor loading system as well.

Hauling distance to jetty is around 18 km and road condition is considered sufficient to handle 30 ton Dump Truck.

17

Located in Samarinda, East Kalimantan, PT Belayan Internasional Coal currently occupied a land of 185 Ha, primarily producing coal with Gar 44-40. They have two pits currently and in active production. Before entering cooperation with PT TEH, PT BIC predominantly support local customers and non-specs sales.

BELAYAN INTERNASIONAL COAL

18

The near-by jetty are 77 Anggana, PJP and Tanaka â&#x20AC;&#x201C; three of them capable to berth 300-footer barge size and they use conveyor loading system as well.

Hauling distance to jetty is around 25 km and road condition is considered sufficient to handle 30 ton Dump Truck.

PT. TEMPAYAN EMAS HITAM

ETHICS

It is our belief and commitment to implement high ethical business practices and governance standards. We provide detailed operational, environmental and community information for our local communities and key government stakeholders.

PT TEMPAYAN EMAS HITAM O Jl. Cikini Raya No 35, Jakarta Pusat - Indonesia E info@tehitam.com T +62 (21) 3192 4183 / 3193 1623