Essar Group invites proposals for acquisition of coal resources

Essar Minerals is part of the Essar Group which is a multinational conglomerate and a leading player in the sectors of Steel, Energy, Power, Communications, Shipping, Ports & Logistics, Construction, and Mining & Minerals. With operations in more than 20 countries across six continents, the Group employs 60,000 people, with revenues of USD $15 billion. For more information, please visit www.essar.com.

Essar Minerals undertakes to address the growing resource need for the various Essar Group companies and currently owns mining assets in India, Mozambique, USA, and pursuing various investments/opportunities worldwide to expand the coal mining business of the group.

Essar Minerals comprises of a dedicated team of well qualified and experienced management professionals. It is actively engaged in acquisition and working of coal and ore mines in India and abroad and has the strength to undertake quick diligence and take fast decisions.

Presently Essar Minerals is looking to purchase sizeable companies/concession in Indonesia, preferably in close proximity of infrastructure and access to port, for Greenfield/Brownfield/ Operating mines:

1.Thermal Coal
2.Coking Coal

The information should contain:

1. Details about the ownership (direct / indirect, KP /CCOW / PKB2B, IUP)
2. Quality & Reserves/Resources
3. Mineability
4. Licenses & status of various approvals
5. Status of mine
6. Economic parameters (Capital cost of the project, operating cost on FOB basis)
7. Expected Price
8. Logistics of the mine

Asset holders/ mandate holders/ authorized representatives can send
the detailed information to:
Mr. Pradeep Mittal (CEO, Essar Minerals Limited)
Suite ABC, 19th Floor, Menara Karya, Jalan H.R. Rasuna Said,
Blok X5 Kay. 1-2, Jakarta 12950.
Ph: +62 21 5794 4800 (office)
E: pradeep.mittal@essar.com