Presentation 2012

Disclaimer
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1.4
billion
people has no access
to electricity

Secured, reliable and affordable electricity

supply is a prerequisite to poverty alleviation

Todays world is made possible through the

industrial revolution because of cheap
energy
4

Rapid depletion of oil and gas and increasing global consumption lead to
energy shortages and rising costs

Renewable energy is often very costly,

uneconomical, geographically unsuitable or
unproven
5

At least
25,000
deaths
each
year
due to underground
mining accidents

There are trillions of

surface coal resources
out there that can be
excavated safely
However, it is not economical to do so today
7

What if we could realize this potential today

GEO-COAL Technology A simple coal upgrading

technology that brings affordable energy to our world

Different types of coal

COAL is the most readily available natural resource that is in abundance
and an extremely cost effective source of energy

1. High Rank Coal : Bituminous, Anthracite

(Low Moisture, High Energy Content)

2. Low Rank Coal : Peat, Lignite, Sub-bituminous

(High Moisture, Low Energy Content)

Low Rank Coal Unrealised Energy Supply

A. Low Rank Coal (Brown coal) :

Currently account for about: 65% of current coal resources and 50% of coal
reserves globally
Massive amounts of untapped low rank coal resources widely available
Use is limited : Low heating value, high handling cost and spontaneous
combustion but also contain lower sulfur and lower ash contents

B. Potential of low rank coal:

If these coals could be efficiently and economically processed to yield a

higher-grade, high-heating value product, there will be :

1. Enormous increase and economic benefit on the energy supply

2. Lower environmental impact compared to high rank coal

Solution: Coal Upgrading

A successful coal upgrading process has to be
economical and address the issues of
spontaneous combustion, decrepitation
(fines generation), and moisture
reabsorption.

12

What is GEO-COAL Technology ?

GEO-COAL Technology is a world wide patent-pending technology
that fully maximize the potential of coal in an economical and
environmental aspect.
It upgrades low rank coal (low energy content) into high rank coal
(high energy content) through an extremely low cost process.

Low CV
Coal

13

GEO-COAL Upgrading Process

Graphical Depiction of Geo-Coal Upgrading Process

14

Wide Range of Products

Able to produce a wide range of coal products
GEO-LITE

Low CV
Coal

GEO-COAL
Technology

GEO-HI

(Approx. 4,800 5,700 kcal/kg GAR)

(Approx. 5,700 6,800 kcal/kg GAR)

GEO-MET (Approx. > 6,800 kcal/kg GAR)

Processed Results
To date, different raw coal from various coal mines have been successfully
processed and upgraded by Geo-Coal technology into GEO-LITE, GEO-HI and
GEO-MET respectively.

15

Processing with GEO-COAL

Low rank coal (lignite)

Medium rank coal (sub-bituminous)

ROM
GAR Calorie 2200 3700 kcal/kg
TM 40-60%

ROM
GAR Calorie 4100 5300 kcal/kg
TM < 30%

Finished Product (GEO-LITE)

GAR Calorie > 5300 kcal/kg
TM < 15%

Product (GEO-HI)
GAR Calorie > 6000 kcal/kg
TM < 10%

GEO-COAL Technology can customize whatever the

customer needs, even HGI, AFT and volatile matter

Low Rank Coal - Lignite (<GAR 3,000 kcal)

17

PRODUCT : GEO-LITE (GAR 5300 kcal/kg)

18

PRODUCT : GEO-HI (GAR 6800 kcal/kg)

19

PRODUCT : GEO-MET (>GAR 7,000 kcal/kg)

20

Why GEO-COAL Technology

Natural high rank coal :
Limited and diminishing reserve base
Increasingly high production and distribution costs
Releases more pollutants during combustion

Natural low rank coal :

Limited market available for low rank coal and the minimum CV accepted
is 3,200 (gar) kcal/kg, any coal below this energy value has minimal market
value.
High handling and transportation cost due to high moisture content and
high propensity toward spontaneous combustion
High CO2 emissions and low levels of efficiency at power plants
21

Indonesia Coal Distribution

Anthracite
Sub-bituminous 0.3% Lignite 58.7%
26.7%
Bituminous
14.3%

0.5%

35.8%

4.6%

2.0%
KALIMANTAN

SULAWESI

0.1%

11.7% 0.3%

44.9%

PAPUA

0.01%

JAWA

Total Resources:

104.8 Billion tons (to date)

Low-rank coal:

> 65 %
22

22

Indonesia : Energy Shortages

In developed countries, electricity consumption is more than
2000 watt/capita
Indonesia with population 250 million, with 100,000 MW ~
equals to 200 watt/capita

* In China, they currently need over 3 billion tons of coal per year
23

Low Rank Coal Concessions

Indonesia
1.
Churchill Mining PLC East Kalimantan (3.18 Billion - 20% of total area)
2.
PT. Bhakti Energi Persada East Kalimantan(5.72 Billion tonnes)
3.
PT. Delma Mining Corporation East Kalimantan (>3 Billion tonnes)
4.
Bumi Sekundang South Sumatera (1.6 Billion)
5.
MEC East Kalimantan (>3 Billion tonnes)
Australia
Victorian Coal La Trobe Valley (Coal Resources >70 Billions)
United States of America
Wyoming Powder River Basin (Coal Resources >500 Billions)
India Have some of the largest coal reserves in the world (Billions)
Russia Have some of the largest coal reserves in the world (Billions)
China Largest producer of coal in the world (Trillions)
Germany The Worlds biggest lignite / brown coal producers ( Resources > Billions)

24

All of these Concessions

They need Coal Upgrading Technology

25

Benefits of GEO-COAL Products

1. Higher Quality Coal: 50% to 100 % increased energy content from initial
low rank coal feedstock

2. Increases Profit Margins: Upgraded coal fetches a higher selling price,

hence higher profit margins and increased market opportunities for coal
producers

3. More Eco-friendly: GEO-COAL products maintain environmental properties

of low-rank coal, i.e. lower sulphur and ash content

4. Increased Energy Supply: GEO-COAL taps on the potential of stranded

coal resources, e.g. 70% of untapped coal resources in Indonesia alone

5. Simple and Economical: GEO-COAL technology requires lower CAPEX and

OPEX than existing technologies, short installation times, and no briquetting is
needed.

26

Benefits of GEO-COAL Products

6. Increased Performance at Power Plant: Higher heating value of the
coal increases efficiency during combustion leading to higher power outputs

7. Versatile: GEO-COAL can be used for a wide range of high moisture, low
calorific value coals abundant all around the world, as well as for other organic
materials such as bamboo, wood and even wastes

8. Enhanced Transport Efficiency:

Upgraded coals reduced moisture

content saves extensive transportation and handling costs

9. Reduced Risk of Spontaneous Combustion: Chemical and physical

properties of the upgraded coal are significantly more stable than the initial coal

27

Other Benefits of GEO-COAL

Wood (GAR 7,400 kcal/kg)

28

Other Benefits of GEO-COAL

Bamboo (GAR 7,400 kcal/kg)

29

Other Benefits of GEO-COAL

Organic Waste (GAR 7,400 kcal/kg)

30

Drying and Burning of Waste

Capacity 100kg/hr up to > 10ton

Organic Waste
(Segregation done)

Shredder

Gasification
Burner
DRYER

Dry Waste
Pulverizer

Case Study : SEM Coal

Senamas Energindo Mineral (SEM) is a thermal coal mine in Central Kalimantan,

Indonesia
SEM Coal is used for its clean burning characteristics and low levels of pollutants
of sulphur oxides, nitrous oxides and potential leachates from the coal ash.
SEM Coal is low rank in nature and has a calorific value of about 3,700 (GAR)
kcal/kg and contains about 40% total moisture
SEM Coal
ROM
GAR Calorie 3700 kcal/kg
TM 40%

Product (GEO-LITE)
GAR Calorie > 5300 kcal/kg
TM < 15%

Product (GEO-HI)
GAR Calorie > 6000 kcal/kg
TM < 10%
32

How is GEO-COAL economically viable ?

Parameters

Specifications

Coal Type

Raw SEM Coal

GEO-LITE (SEM)

1 Ton of
SEM Coal
(USD 45)

Process Time (min.)

RAW Coal 0 Minutes

30 Minutes

Total Moisture(a)

42.1

10.45

Inherent Moisture (ad)

14.7

9.5

Volatile Matter (ad)

41.9

35.92

Total Sulphur (ad)

0.16

0.17

Ash (ad)

4.8

5.0

3,641 kcal/kg

5,538 kcal/kg

63

50

Calorific value (ar)

HGI

Total
moisture
- 75.2%

Calorific
Value
+52.1%

0.6 Ton of
GEO-LITE
(USD 95)

Recover
Rate
60%

Increase
Profit
(173%)

Profit
(USD 19.13)

Profit
(USD 33.06)

Case Study : MEC Coal

MEC Coal (MEC) is a low rank thermal coal project in East Kalimantan, Indonesia
MEC coal has clean burning characteristics and low levels of pollutants of sulphur
oxides, nitrous oxides and potential leachates from the coal ash.
MEC coal is low rank in nature and has a calorific value of about 3,500 (GAR)
kcal/kg and contains about 43% total moisture
MEC RAW

GEO-Lite

GEO-Hi

GEO-Met

TM ar

43

15

12

10

IM ad

16.5

10

Ash ad

5.5

VM ad

40

36

32

12

TS ad

0.15

0.17

0.17

0.19

CV ad

5,200

5,700

6,200

7,400

CV ar

3,550

5,383

5,930

6,938

CV daf

6,541

6,706

7,126

8,177

HGI

90

55

55

55

Recovery

100%

55%

46%

23%
34

Existing Competitors

35

Competitor Comparison
Effect

Status

Kobe Steel - UBC

(Japan)
600 MT / day demonstration plant
was constructed and testing for
commercial use

White Energy - BCB

(Australia)
1 million MT / annum commercial
plant has been constructed in East
Kalimantan, Indonesia

GEO-COAL
Technology
10,000 MT / annum Bulk Testing plant is
constructed in Tangerang, Indonesia
1.2 Million MT /annum commercial
plant being constructed at Banten

Increase Calorific Value

Reduce Moisture

Increase Calorific Value

Reduce Moisture
Higher density

Increase Calorific Value

Reduce Moisture
Able to control HGI
Lower Volatile Matter
Increase Ash Fusion Temperature

Raw Feed

coal pulverized, powder up to 60

mesh

coal pulverized, powder up to 60 mesh

coal crushed 1 - 3 cm

Power / Energy
Requirements

must have power plant, for 1 million

ton needs approx. 6 - 10 MW

must have power plant, for 1 million ton

needs approx. 6 - 10 MW

For 1 million ton needs approx. 1 1.5 MW

Coal Final Product

TM:12-15%
Calorific Value AR: 5,800 - 6,500
HGI: depend on briquette system

TM:12-15%
Calorific Value AR: 5,800 - 6,100
HGI: depend on briquette system

TM: < 10%

Calorific Value AR: 5,300 - 7,900
HGI: can be customized per request

Production Capacity

Depends on briquette machine

capacity, installation time approx. 30
months

Depends on briquette machine capacity,

installation time approx. 2 years

No limited capacity. Modules system,

installation time approx. 3 - 6 months

Processed Product

Coal Briquette

Coal Briquette

Similar to the Raw Coal

Operating Cost

About US $ 10 - 15 per ton

About US$ 10 - 15 per ton

About US$ 3 - 5 per ton

CAPEX

Approximately US$100M
US$150M for a 1 million ton
capacity plant

Over US$60M for a 1 million ton

capacity plant

USD 10M for a 1million ton capacity

plant
36

Upgrading Process Time

Slow

Slow

Fast ( < 30mins)

Effect

GEO-COAL Bulk Testing Plant

Located in Curug, Tangerang

The first ever GEO-COAL scale model coal upgrading plant unit that is able to
demonstrate successful coal upgrading on mass volume and continuous basis
Scale is 1 : 13 to a full commercial plant unit

33 km

37

GEO-COAL Bulk Testing Plant

38

Commercializing
GEO-COAL

39

Commercializing GEO-COAL
Operations, Certification and Intellectual Property
Business Model
Building of the first two GEO-COAL commercial plants:
1.
2.

GEO-COAL Upgrading Plant PT PLN - 2 X 300 Mw Power Plant (Labuan)

GEO-COAL Upgrading Plant PT SEM Coal Mine (Tamiang Layang, Central
Kalimantan)

Strategic Partners
-

Coal mines and concessions

Government: Department of Energy
Power Generation Companies
Research and Development Technology Companies
40

Operation, Certification & IP

Operation & Certification

Further research and development for improvements at the Bulk

Testing Plant
Performance test completed by SGS at Demo plant
Certification for GEO-COAL products and process by International and
Government accredited entities*

*
Intellectual Property

Patent filed in Singapore and world-wide applications are in process via

Paris Convention Treaty (PCT) and Patent Cooperation Treaty (PCT)
41

SGS Performance Test

In May 2011, SGS conducted a series of performance test by analyzing
sub-lots of coal (from SEM mine) before and after GEO-COAL processing
and found that high moisture, low rank coal can be upgraded to low
moisture higher rank coal with 50% higher energy value and inherently
cleaner properties
SIZE

LAB ID
SS-1443
SS-1444
SS-1445
SS-1446
SS-1447
SS-1448
SS-1449

Initial Feed
(SEM COAL)
Upgraded
Average

TM
M
Ash VM
FC
TS
GCV
%
KCal/kg
mm Weight % ar % adb % adb % adb % adb % adb
(adb)
25
0,77 23.76 13.42 3.63 42.84 40.11 0.13
5419
16
5,34 20.89 12.84 4.59 42.00 40.58 0.23
5446
12,5 5,71 19.86 13.08 4.86 41.50 40.56 0.17
5413
8
14,19 17.30 11.83 4.44 42.34 41.39 0.18
5501
4
20,71 14.28 11.54 4.44 40.86 43.15 0.17
5605
>2
21,27 11.77 9.97 4.57 37.58 47.88 0.17
5862
<2
32,01 10.38 8.74 6.58 32.25 52.42 0.17
6048

GCV
Kcal/kg
(arb)
4771.82
4943.01
4990.77
5159.72
5431.39
5744.80
5939.31

HGI

NA
51
51
52
53
56
63

60.1
60.7
60.8
61.6
62.9
65.5
67.3

4.12
3.59
3.76
3.84
3.84
3.45
2.92

0.68
0.92
0.99
1.23
1.18
1.48
1.43

TM
(% arb)

IM
(% adb)

Ash
(% adb)

VM
(% adb)

FC
(% adb)

TS
(% adb)

HGI

GCV
kcal/kg (adb)

GCV
kcal/kg (arb)

42.1

14.7

4.8

41.9

39.06

0.16

63

5,364

3,641

13.67

10.52

5.18

37.73

46.57

0.17

56

5,766

5,563

42

Protection of Proprietary Technology

Engineering of Technology Parts

No single manufacturer will produce the parts of the proprietary

technology. The production of key parts and gasification burners will be
manufactured in-house by TSI.
Assembly of the different parts will be done by TSI to ensure
confidentiality and protection of the technology.

43

Building of the first two GEO-COAL

commercial plants
GEO-COAL Upgrading Plant PT PLN - 2 X 300 Mw Power Plant (Labuan)

44

PT PLN Labuan Project

Screw & Casing Making

45

PT PLN Labuan Project

June 2011

November 2011

August 2011

CIVIL WORK - CONCRETE STRUCTURE

PT PLN Labuan Project

GASIFICATION BURNERS AT LABUAN

PT PLN Labuan Project

TUNNEL CONSTRUCTION

4,800
GAR
kcal/kg

Integration flow
chart

3,800 - 4,000 GAR

kcal/kg

Transport
coal via
conveyor belt
from coal
terminal to
stockpile

Coal from
stockpile to
on site
crusher

Crushed coal
goes into
GEO-COAL
plant

Feeding of
Upgraded
coal into
boiler

Coal is being delivered to PLN by barges, unloaded at the

port and transported via conveyors belts to the stockyard
(PLN have started to built a huge shed to cover the coal
stock from the rain) with 30 days worth of coal stockpiling
capacity.

Aerial view of PLN Labuan power plant

Discharging port/Conveyor belt

The GEO-COAL plant is strategically located and built

beside the stockyard. Once coal arrives at the stockyard, it
will be transported to a crusher (newly being built) right
beside the GEO-COAL plant and crushed to 0 30mm
before it enters the GEO-COAL plant for processing
(upgrading and drying).

Stockpile

Crusher under construction

Roof structure

Modular system

Cooling zone under construction

Crushed coal is then delivered via conveyor belt into the

plant for upgrading. Coal will remain in the GEO-COAL unit
for about 8 minutes undergoing high temperatures of the
GEO-COAL process before exiting to the cooling zone
where the coal will be cooled and transported back to the
stockyard.

Conveyor belts

The upgraded coal will then be transported to the main

power generating unit and will be pulverized and injected to
the combustion chambers for electricity generation.

Conveyor belt from upgrading plant to boiler

Conveyor belt from upgrading plant to boiler

Capital Expenditure
1. GEO-COAL Upgrading Units in PLN 2 X 300MW Power Plant
1 X Upgrading Unit with capacity of 1.2 Million MT/annum
Upgrades from 4,000 Kcal/kg to 4,800 kcal/kg
CAPEX is US$5m
2. GEO-COAL Upgrading Units in PT SEM
1 X Upgrading Unit with capacity for 500,000 MT/annum production capacity
Upgrades from 3,700 Kcal/kg to 5,500 Kcal/Kg
CAPEX is US$5m

Milestones and Timetable

Date

Event

1998

Innovation of the Gasification Stove / Burner

2003

Innovation of the GEO-COAL Technology (Formerly named LICOL

Technology)

2009

Testing of the Technology in lab environment

Dec 2009

Introduction of GEO-COAL Technology to PLN BB

Dec 2010

Establishment of PT Total Sinergy International

Jan 2011

GEO-COAL Bulk Testing Plant in Curug conducts successful tests

on the technology

Mar 2011

Filing of GEO-COAL Technology Patent in Singapore

Apr 2011

Contract signed with PLN BB to build Coal Upgrading Units at

PLTU (Labuan) 2 x 300MW Power Plant in Banten Province

May 2011

SGS Performance Test in Curug Testing Plant

June 2011

Contract signed with Agritrade Resources Limited to build Coal

Upgrading Units at SEM Mine

Est. Sept 2011

1st GEO-COAL Commercial Plant at PLN Power Plant

Est. Oct 2011

Process Technology Audit by Wood MacKenzie and Tekmira.

Performance Test to be conducted by SGS

Est. Nov 2011

1st

GEO-COAL Commercial Plant at coal mine in SEM

59

Shareholding Structure
Current Structure

Agritrade International &

WSJ International

PT. NGN

49%

51%

PT Total Sinergy International

(Indonesia Registered Co)

60

Management Profile
President Director / Inventor / Metallurgical Engineer

Mr. Harsudi Supandi

Mr. Harsudi is a professional specialist in the area of natural resource
development. With more than 30 years experience, Mr. Harsudi has
been a consultant for multi-national projects which specialise in the
development of oil, mineral, gas, mining and power plant. Mr Harsudi
has also been a lecturer at the Indonesia University, Jakarta.
ACHIEVEMENTS
Inventing of Gravel Pack Sand (1990)
Inventing of PERLITE BOARD Technology (1997)
Inventing of LICOL Coal Upgrading and LICOL Gasification Stove
Technology (1998-1999)
Inventing of BRP (Bamboo Reinforced Plywood) Technology (2001)
Inventing of BRW (Bamboo Reinforced Wood) Technology (2001)

61

Management Profile
Director / Geologist / Coal Specialist

Mr. Peter Gunn

Mr. Gunn, is a professional coal specialist in the areas of coal geology
and marketing. He has over 30 years international experience in the
coal industry, most of which was in Australia, New Zealand and
Indonesia. He is a member of the Australasian Institute of Mining and
Metallurgy (AusIMM) and has the appropriate qualifications,
experience and independence to satisfy the requirements of
Competent Person under the JORC Code.
He has worked extensively in New Zealand, Australia, Indonesia, USA,
Canada, Russia, Ukraine, Kazakhstan, Czech Republic, India, China and
Vietnam. In these countries he has worked relating coal quality to
markets and in some countries has assisted in defining coking coals
from areas thought to contain thermal coal.

62

Management Profile
Director / Production Engineer

Mr. Roslan Hassan

Photo will be
inserted

Mr. Hassan is a professional production engineer and has a wealth of

experience in setting up, developing and managing businesses in the oil &
gas, engineering & contracting and the coal mining & trading sector. He is
involved in providing engineering, procurement and construction (EPC)
services for welded plate heat exchangers to crude oil refineries and
petrochemical industries in Malaysia.
Roslan has as a Bachelor of Science (Honours) degree in Production
Engineering and Production Management from the University of
Nottingham, England, where he graduated in 1980 and is present alumni
of the Harvard Business School Senior Management Development
Program which he attended in 1991.

63