Product and Market
Coal Products
MIFA produces coal with a quality known as "Solution Coal" and has the following specifications:
45%
Total Moistures (arb)
Approximately
15%
Inherent Moistures (arb)
Approximately
8%
Ash (arb)
Approximately
39%
Volatile Matter (arb)
Approximately
0.2%
Sulphur (arb)
Approximately
42%
HGI (arb)
Approximately
3.400-3.200
Gross Calorific (arb)
Kcl / Kg
Fixed Carbon (arb)
By difference
Market Share
MIFA believes that the company's positive and sustainable business can run optimally and effectively because of the continuous support provided by its stakeholders. Therefore, MIFA is committed to always prioritizing customer and partner satisfaction. To meet customer satisfaction, the Company always strives to fulfill 3 (three) main things: quality and quantity of coal; speed and accuracy of product delivery, mining operations with good mining governance. In principle, MIFA markets and sells coal to buyers by upholding a commitment to provide the best service and mutual benefit.
In terms of market share development, MIFA's mining operation area is located in a very strategic area, namely at the northwestern tip of Sumatra, so geographically, MIFA's market share is closer to the Indian region and around the Gulf of Thailand area or the West coast of Southeast Asia.
That way, MIFA enjoys a high competitive advantage to compete in the export market. This strategic location shortens transportation routes, leading to cost efficiencies in the long run. In addition to targeting export sales, MIFA also contributes to the fulfillment of national coal needs, which currently focuses on the Aceh region and the West coast of Sumatra.