The drop in Chinese inventories of coking coal bodes well for...

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    The drop in Chinese inventories of coking coal bodes well for emerging producers such as CKA & TIG.

    CKA is in the process of stitching up a major off-take agreement Asian customers while TIG is mining &
    stockpiling in anticipation of the June to October shipping season to Asian markets.

    CKA:
    Location: Indonesia
    Product : Coking & PCI Coal
    Reserves:..266 M/T + other tenements unexplored
    Production: 50K t/p/m initially & ramp-up later

    TIG:
    Location: NE Russia 37 klms from port
    Product: Coking & Thermal coal
    Reserves: 632 mil ton
    Production: 600K t/p/a initially with ramp-up later
 
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