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1. IRON SAND MINING
EXECUTIVE SUMMARY

2. Overview of PT. TIMUR RAYA MAS
1. Large concession: 710 Ha and 7.378 Ha. Total
2. Measured deposit in explored area: 69 million MT.
3. Inland and offshore concession. 25 km coastline length.
4. Offshore potential for Iron Sand and Mineral (dredging method).
5. Mining permit: IUP Operasi Produksi for 20 years
6. CNC (Clear and Clean) certified from ESDM (Ministry of Energy and Mineral
Resources).
7. Reasonable operating cost to achieve profitable margin.

3. Legal Documents
1. Izin Usaha Pertambangan (IUP) Operasi Produksi
Surat Keputusan Bupati no 190 tahun 2010 (710 Ha)
 Surat Keputusan Bupati no 329 tahun 2013 (7.378 Ha)
3. CNC (Clear and Clean) Certificate
Nomor: 391/Min/33B/2012 (710 Ha)
Nomor: 893/Min/33B/2014 (7.378 Ha)
4. Eksportir Terdaftar (Registered Exporter)
5. Persetujuan Studi Kelayakan (FS)
6. Persetujuan ANDAL, RKL, RPL

4. CNC Certificate

5. Iron Sand Quality (Report of
Analysis)
Iron sand samples are tested
in local laboratories :
PT SURVEYOR
INDONESIA and SUCOFINDO

7. Resources
• From exploration in 710ha there is measured deposit about 18 Million MT.
• From 4 blocks exploration in 7378Ha there is measured deposit about 51 Million MT.
• Offshore has not yet explored yet however the material brought out from
eruption Mount Tambora was very huge about 150 billion m3.
• Fe content from material within range 12% to 25% depending from the
concession area.
• With beneficiation the Fe can be 53%-55% however with further grinding (ball
mill) the higher Fe 58%-60% can achieved by breaking off the pyroxene ( Aluminium Sulfate and Silica ).
• From the deposit resource, it is more than sufficient for 30 years of mining.

8. Location
Concession are is located in Dompu district- West Nusa Tenggara.
The mine site can be reached from Bima by car about 3 hours 15 minutes.
To reach Bima, there is daily flight from Bali to Bima about 1 hour.
Mine site is in Saleh Bay-West Nusa Tenggara.

11. 710 Ha Concession Map

12. 7.378 Ha Concession Map

13. Jetty Location

14. Photos at Location

16. 20 HA SITE FOR THE JETTY TO BUILD AN EXPORT FACILITY AND PROCESSING DRI SMELTER
BEFORE FINAL TREATMENT AND EXPORT
PT. TIMUR RAYA MAS

17. UNLOADING ACTIVITIES AT JETTY PT.TIMUR RAYA MAS 8 FEB 2015

18. Coordinates
The image beside shows the
coordinates of concession 710
Ha.

19. Coordinates
The image beside shows the
coordinates of concession
7.378 Ha.

20. Jetty Coordinates
 8.22'13,54" LS
117.49'39,26" BT
 8.22’14,30” LS
117.49’37,70” BT
 8.22’13,30” LS
117.49’41,40” BT
 8.22’14,50” LS
117.49’44.50” BT
 8.22’17,60” LS
117.49’43,40” BT
 8.22’16,30” LS
117.49’38,80” BT

21. Technology
• The deposit of Iron Sand is similar in New Zealand which mined and processed
by Bluescope Steel.
• The smelting process will be similar to the manufacturing of Bluescope Steel.
• Technology can be proposed is Outotec, www.outotec.com
• Flow chart of processing :
Mining Beneficiation Smelting Iron Making (Pig Iron)
• Coal and Energy ( Gas ) needed in process of smelting.
• Screening and magnetic separator needed in mining and beneficiation process