The Group has a highly active organic and acquisition-based growth strategy that is designed to give assurance to customers over the long-term availability of their coal supplies and high rewards for shareholders. Already one of Indonesia’s leading thermal coal exporters, Sakari Resources is fast gaining recognition as a global force in the industry.
We market and sell our entire product through our own subsidiary company, Tiger Energy Trading, based in Singapore. Our head office is also based in Singapore, our Licence to Operate Team is based in Jakarta and we have a Mining Support Centre of Excellence in Balikpapan.
Mongolian Exploration Company
In addition to our 2 mines we have a 10% equity investment in Xanadu Mines Limited, an ASX-listed company that holds rights to mining concessions in Mongolia. Xanadu Mines is undertaking an exploration program in the concession area and has discovered significant coal and other mineral deposits.
Investments that we will consider must give value-add for our shareholders and will be in the coal industry. We are not constrained by geography although our preferred area for focus is in Asia.