Goldchild Indonesia Coal Mine Project Funding is part of Goldchild Group Private Equity investment program.
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Indonesia Coal Supply (Jual / Beli Batubara)
Goldchild Indonesia connect buyers to real coal miners. We arrange actual coal suppliers to actual buyers in one place. Goldchild Group invest and having joint ventures with coal miners for industrial off-takers.
Indonesia Coal Industry
Based on data of the Association of Indonesia Coal Mining, total coal production in Indonesia in 2009 reached 193.98 million tonnes. The national coal production keeps increasing. In 2008, the national coal production was only 175.3 million tonnes compared to 2007 at 148.8 million tonnes. Of the the said amount, at least 150 million tonnes were exported.
East Kalimantan is the province having the highest coal production at 112.7 million tonnes; Kalimantan follows at 69.7 million tonnes; Bengkulu at 22.7 million tonnes; and South Sumatra, 11.4 million tonnes.
Standard trade comes with FOB MV, LC 100% at sight, and the buyers to meet directly in Jakarta Indonesia, after agreeing to FCO. Most miners are only willing to give $0.50-$1 per ton commission shared by all traders. If you can issue LOI from actual buyer and can withstand due diligence verification process, contact us to start serious business.
Coal is one of the planet’s most abundant fossil fuel energy sources (Schrag, 2009). For this reason, many countries look to coal as a cheap means by which to fuel their economic growth. Also, with 75% of the world’s reserves located in the United States, Russia, China, India, Australia and Indonesia, the largest economies have turned to coal because of its potential for domestic production and, therefore, its ability to increase national energy security (Schrag, 2009). For these reasons, coal currently accounts for 25% of the world energy supply (Chu, 2009) and this percentage has the potential to increase to 30% in the coming years (Haszeldine, 2009). As concern over global warming has increased, however, greater attention has been paid to “clean coal.”
“Clean coal” is an umbrella term which describes a multitude of processes aimed at lowering the amount of greenhouse gas (particularly carbon dioxide) being emitted into the atmosphere. “Clean coal” processes include, but are not limited to: 1) Carbon Capture and Storage (CCS); 2) Integrated Gasification Combined-Cycle systems (IGCC); 3) and chemically washing minerals and other impurities from coal. In recent years, clean coal technologies have been at the center of a political and environmental debate. (refer: University of Richmond)
THE “CLEAN” IN CLEAN COAL
While the word “clean” in “clean coal” gives the illusion of an environmentally neutral (or perhaps an environmentally beneficial) system, clean coal systems still depend on the mining of coal which, in itself, requires enormous amounts of carbon to be extracted from the Earth.
Goldchild’s coal mine investments came with strict guidelines for clean coal supply through research and development of coal extraction technology and analyze the performance, economics and sustainability especially clean coal technologies for carbon capture and emissions reduction.
WE ARE SERIOUS
If you can issue LOI from actual buyer and can withstand verification process, contact us to start business.
We believe and invest in sustainable and clean energy as part of company investment policy. Better extraction of carbon and maximizing energy conversion is part of our on going research and development program.
Goldchild Group is an investment holding company predominantly in supply chain businesses, with special focus on coal & metal trades.
The group members are active shareholder and investor in diverse industries covering telecommunications & media, infrastructure, energy & resources, engineering as well as technology.
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