SYDNEY (Yosefardi) – ASX-listed South East Asia (SEA) Resources Limited has commenced production for the first shipment of semi soft coking coal from the PT Pola Andhika Realtor (PAR) mine site in East Kalimantan, Indonesia.
This is a part of an off-take coal agreement through its wholly subsidiary Singapore based South East Asia Energy Resources Pte Ltd (SEAER PTE).
The coal is being supplied under a long term agreements to the newly commissioned Viet Trung Coke Plant in North Vietnam owned by CoalMiDanka Limited, part of the Danka Minerals Group of Vietnam.
PT PAR soft coking coal mine is located near Balikpapan in East Kalimantan and has been under development by SEAER.
The first shipment of 12,000 tons of coal is scheduled to be loaded for Vietnam on the 25 November 2013, with continued monthly shipments thereafter.