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
