Cokal Limited
AASX:CKA0.04
AUD
0.00
(0.00%)
ISIN
AU000000CKA8
Return %
Stock
S&P 500
1Y
-4.88
14.20
3Y
-62.86
81.12
5Y
-77.71
68.34
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Semi-annual Revenue
USD
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in mil. unless spec.Semi-annual Earnings Per Share
USD
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in mil. unless spec.Semi-annual Dividends Per Share
USD
•
in mil. unless spec.Company Description
- CEO
- Karan Adityavikram Bangur
- Full Time Employees
- 2
- Sector
- Energy minerals
- Industry
- Coal
- Address
- 56 Pitt Street Sydney NSW Australia 2000
- IPO Date
- Mar 17, 2000
- Website
- cokal.com.au
- Similar Companies
- Business
- Cokal Limited, an Australian entity established in 1998, focuses on the exploration and development of coal assets primarily in Indonesia, with additional interests in Tanzania. The company's core business revolves around metallurgical coal, a crucial component for steel production. Its flagship asset is the Bumi Barito Mineral (BBM) project in Central Kalimantan, Indonesia, which Cokal holds a 60% stake in. This project spans 14,980 hectares and contains multiple seams of high-quality metallurgical coal, including hard coking coal and PCI coal. Cokal is actively engaged in developing the BBM project, with recent activities including infrastructure upgrades for the haul road and jetty, and the commencement of contractor-led mining operations. Cokal has recently achieved its first revenue from commercial coal sales from the BBM mine, targeting both export and domestic markets. The company's strategy emphasizes the swift development of its key tenements and the acquisition of quality assets to build a global metallurgical coal business. They leverage strategic partnerships for funding, operational expertise, and market access to maximize the value of their Indonesian coal assets. Cokal aims for high-margin metallurgical coal production with a focus on sustainable growth.