Investor Presentaiton
1
Owner and Operator of the Sizeable Tabang Mine, One of
the Most Competitive Coal Mines in Indonesia and Globally
Sizeable reserve base, established infrastructure, an “in demand" coal product, and a cost structure delivering consistently
strong margins. All operating licenses issued pursuant to the current regulatory regime, hence no license conversion risk(1)
Bottom Quartile Global Cost Competitive Positioning (3)
Total Cash Cost - energy adjusted @ 6,322 kcal/kg (US$/t) - 2019
Sizeable Reserve Base as of beginning of 2021
Reserves (Mt)
Resources (Mt)
IUP Term
I
BT
Q1
Q2
FSP
Q3
Q4
BT
292
328
By 2028 (1)
North Pakar
FSP
193
317
By 2035 (1)
Tabang
TA (2)
483
959
By 2038 (1)
TJ (2)
390
674
By 2040 (1)
DE (2)
117
213
Exploration stage
In Demand Low-ash, Low-sulfur Product
Seaborne Export Supply (Mt)
kcal/kg GAR
Ash
Sulphur
Nitrogen
Australia
Indonesia ■Tabang ROW
Bayan Ultra Coal (BUC)
4,000 - 4,250
-3%
typical 0.1%
<0.8%
Source: Wood Mackenzie
Fast Production Growth with Low Strip Ratios
Delivering Consistently Strong Group Margins (4)
MT
X
US$/t
60
3.1x
2.6x
70
58.5
2.4x
3.
2.4x
52.1
40
47.2
47.3
40
1.5x
28.9
31.9
30.2
2.
38.4
40
40
20
20.9
9.0
1
25.2
24.4
15.6
22.7
33.3
34.8
29.0
28.8
7.5
0
0
10
23.3
2017
2018
2019
2020
1Q21
2017
2018
2019
2020
1Q21
Tabang Mine
Other Bayan Mines
Tabang Strip Ratio
-ASP
- Cash Cost
Notes
(1) Under the Mining Law 4, Bayan's IUPS may be extended for two additional 10-year terms after the initial term ends. FSP
has already been extended for one 10-year term, so one 10-year term remaining
(2) Part of the North Pakar Concessions within the Tabang Project.
(3) Global seaborne coal supply curve, 2019. Cash costs derived independently by Wood Mackenzie, inclusive of royalties.
(4) Average selling price ("ASP") for coal only and cash costs on consolidated Group basis.
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PT BAYAN RESOURCES Tbk.View entire presentation