Cokal commenced business as Jack Doolan Capital Pty Ltd (JDC), a private company, formed primarily by the current Board and like-minded people. In December 2010, JDC was acquired by the ASX listed Altera Resources Limited (AEA), with the Board of JDC assuming the control of AEA. Altera Resources Limited, was renamed Cokal Limited (ASX: CKA) in February 2011, better reflecting its ambitions to become a global metallurgical coal business. Cokal holds interests in coal exploration tenements in Kalimantan, Indonesia and Tanzania.
Cokal Limited, an Australian-based coal company, is committed to conducting business in an open and accountable manner. The company’s core values emphasize serving the interests of shareholders and other stakeholders honestly, fairly, and diligently, in accordance with applicable laws.
Building a Global Metallurgical Coal Business.
Geographical, political and partnership diversification in areas of high potential value generation; in a commodity we understand, and believe has a tremendous future.
Positive and Agile Decision Making.
Our executive team has a track record of being able to make quality decisions – quickly, cost effectively and consistently.
Respect for All Stakeholders.
We believe in fundamental respect for diverse beliefs, opinions, education levels, culture and the well-being of the people we influence. This includes safety, environmental management, and behaving in a way which brings credit to us.
Ethical Decision Making.
An approach to how we do business that ensures our long term licence to operate from our key stakeholders.
Technical Skills for Innovative Solutions.
Within our company we have the people, with not just the motivation to make a difference, but also the technical capability to apply innovative solutions to various challenges.
Results Orientated.
We are focused on delivering results, utilizing efficient processes, making use of the skills and talents of our people in a low risk manner.
Metallurgical coal, also known as coking coal, is a type of coal that is primarily used in the production of steel. It has specific properties that make it ideal for this process, including the ability to burn at high temperatures and the ability to form coke, a solid carbon material used in blast furnaces. Metallurgical coal is processed to create coke, a high-carbon material that serves as a key ingredient in steel-making.
Cokal is building a portfolio of assets which will deliver high value access to quality metallurgical coal. Proving up resources, for early production, within the metallurgical coal basins of Central Kalimantan and Eastern Africa, is our priority. Our growth strategy is built on the swift development of our key tenements, and prudent acquisition of further quality assets.
Metallurgical coal is a grade of coal that can be used to produce good-quality coke. Coke is an essential fuel and reactant in the blast furnace process for primary steelmaking. Met coal encompasses a wide range of quality grades including hard coking coal, semi-hard coking-coal, semi-soft coking coal and pulverised coal for injection (PCI). All are used to make steel. BBM has two coal types as marketable coal product which are Hard coking coal and PCI coal.
The salient features of the BBM coking coal are listed below:
The salient features of the PCI coal are listed below:
By pooling resources and expertise with these esteemed companies, Cokal is not only enhancing its mining capabilities but also creating a ripple effect that impacts local communities, the environment, and Indonesia’s mining sector as a whole. With a shared commitment to progress, sustainability, and long-term success, these collaborations are paving the way for a brighter, more prosperous future.
