Corporate Profile

 

Kintap ADK Project

 

 

 

 Orpheus Energy  is focussed on coal production, exploration and development of coking and thermal coal deposits in Indonesia.

Orpheus has signed a strategic alliance (Strategic Alliance) with PT Mega Coal which is a current producer of thermal coal in Indonesia and has a portfolio of mining concessions in Kalimantan. A strategic alliance, with a strong local partner in Indonesia strengthens Orpheus's corporate strategy of early low cost coal production combined with significant opportunities to acquire further Indonesian coal projects and at the same time balance the Orpheus risk profile by progressing the Australian coal and industrial minerals portfolio. Orpheus, with its experienced management, provides participation in a leading commodity, namely, coal in both the first and second largest coal exporting countries in the world, Australia and Indonesia.

Orpheus Energy Corporate Strategy

In summary during this exciting growth phase, Orpheus Energy's strategy is to:

• Ramp up production at Kintap ADK Project
 
• To move the B26/B34 project back into production
 
• Acquire near term coal production assets
 

About PT Mega Coal

 

• Founded in 2005, and is a privately-held coal mining company with an extensive local network and mining experience.
 
• Key Management: Ir Nugroho Suksmanto (Chairman & CEO) and Mike Rhodes (President-Director).
 
• A joint venture partner in the Oorja Coal Mine in East Kalimantan, which has been in operation for 3 years and according to PT Mega Coal International produces 80,000 tonnes per month.
 
• Holder of  a number of exploration & mining concessions in Kalimantan.