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IndoMet Coal Project

6 bytes added, 06:47, 13 June 2014
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[[File:IndoMet2.jpg|right]]By September 2011 -- with metallurgical coal prices still relatively high -- BHP Billiton began to hype the project once again.
In a briefing for analysts the company listed the project as one of its major options for expanding metallurgical coal production. The company boldly proclaimed that the"basin has potential to support large scale metallurgical and thermal coal production."<ref name=Hubie>Hubie van Dalsen, President Metallurgical Coal and Phil Hynes, Vice President Project Development Metallurgical Coal, [http://www.bhpbilliton.com/home/investors/reports/Documents/2011/110930%20Steelmaking%20materials%20briefing_COMBINED.pdf "Metallurgical coal briefing"], BHP Billiton website, September 30, 2011. (See pages 26, 27, 30 and 39). See also Phil Hynes, Vice President Project Development Metallurgical Coal, [http://www.bhpbilliton.com/home/investors/reports/Documents/2011/110930%20Steelmaking%20materials%20briefing_COMBINED.pdf "Metallurgical coal briefing"], BHP Billiton website, September 30, 2011, pages 50, 52, 53.</ref></blockquote>
<blockquote>"basin has potential to support large scale metallurgical and thermal coal production." Company executives flagged that the initial development would be in the Lahai Contract of Work area (the site of the Haju coal project), which would commence production at approximately 500,000 tonnes a year of raw coal and would "provide initial operating platform and development of transport infrastructure."<ref name=Hubie>Hubie van Dalsen, President Metallurgical Coal and Phil Hynes, Vice President Project Development Metallurgical Coal, [http://www.bhpbilliton.com/home/investors/reports/Documents/2011/110930%20Steelmaking%20materials%20briefing_COMBINED.pdf "Metallurgical coal briefing"], BHP Billiton website, September 30, 2011. (See pages 26, 27, 30 and 39). See also Phil Hynes, Vice President Project Development Metallurgical Coal, [http://www.bhpbilliton.com/home/investors/reports/Documents/2011/110930%20Steelmaking%20materials%20briefing_COMBINED.pdf "Metallurgical coal briefing"], BHP Billiton website, September 30, 2011. page 50, 52, 53.</ref></blockquote>
This, it stated, would facilitate the "larger development at Maruwai and Juloi" contract of work areas. The company executives stated that infrastructure options included barging the coal down the Barito River or the establishment of a railway.<ref name=Hubie/>
A map included in the September 2011 presentation - see right -- illustrated the dispersed nature of the deposits.
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