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EV RESOURCES LTD — Capital/Financing Update 2013
Nov 28, 2013
64887_rns_2013-11-28_90401a40-5893-4636-8315-e4261073df5e.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
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29 November 2013
Announcement Indonesian Coking Coal Production Advanced
South East Asia Resources Limited (ASX: SXI ) ( Company ) is pleased to announce that production is well advanced of the semi soft coking coal from the PT Pola Andhika Realtor (PAR) mine site in East Kalimantan Indonesia, as part of an off-take coal agreement through its wholly owned subsidiary Singapore based South East Asia Energy Resources Pte Ltd ( SEAER PTE ). The interim coal production is being supplied for domestic steel production whilst subsequent long term coal produced will be supplied under a long term agreements to Vietnam.
The production is being undertaken by mining contractor Debbia Mining under the project management of United Mining Indonesia with Indonesian and Australian site management and engineering support. The first shipment of coal has been rescheduled to December due to the increase in shipping size for domestic supply.
About South East Asia Resources Limited
South East Asia Resources is a resources focused resource exploration company listed on the Australian Securities Exchange (ASX code: SXI) and Frankfurt Stock Exchange (FSE code: R1E), with a vision to find, prove and extract value from world class resource projects in South East Asia. The Company is building a resources portfolio with its cornerstone project Malala Molybdenum Project in the ToliToli Province in North Sulawesi, Indonesia and interests in the Penajam East Coal Project in Penajam Regency of East Kalimantan, Indonesia.
South East Asia Resources Limited ACN 009 144 503
311-313 Hay Street Subiaco, Western Australia 6008 T:+61 (0) 8 6489 0600 www.southeastasiaresources.com.au