December 2017

PUBLIC EXPOSE

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Index

1 About PT Cakra Mineral Tbk

2 Cakra Mineral Projects

3 Cakra Mineral Structure

4 Financial Performance

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1 About PT Cakra Mineral Tbk

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 About PT Cakra Mineral Tbk

Iron Ore Asset “PT Persada Indo Tambang”

Diverse Line of Business

Zirconium Sands Exporter in Indonesia

Collaborating with ZheJiang Jinfeng to build Ferronickel Smelter

Collaborating with Shanxi Suoer Technology to build

Pig-Iron Smelter

Has Integrated Mining Business Segments Ranging from

Exploration, Mining, Processing to Marketing

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Milestones

CKRA has conducted due diligence on several tenements and there is possibility on
2016 acquiring Assets

Q3 2015
Joint Venture with ZheJiang Jinfeng on Nickel Smelter Factory

September 2014
Joint Venture with Shanxi SuoEr TEchnology on Pig-Iron Smelter Factory

August 2014
CKRA acquired Murui Jaya Perdana that has interest in Zircon Sand tenements

July 2014
CKRA Successfully attained an Export Permits on Titanium Sands

March 2014
CKRA Successfully attained an Export Permits for Zircon Sands

January 2014
Indonesia government has banned on Raw Material Export

18 December 2013
CKRA Acquired Dunestone Development that has interest in Zircon Sand tenements

2 June 2012 The Company acquired an Iron Ore tenement PT Persada Indo Tambang

2 April 2012 Redstone Resources acquired Cakra Mineral with 80.89% total Shares
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 Portfolio

PRODUCTION PROCESSING TRADING

Two Operating Mines Added Value Export or Local Sales
Mines located in Indonesia
producing 5,000 – 7,000 tones Added value to Meet Domestic and International
of zircon sand annually raw mineral resources Demand

Takaras Inti Lestari Cakra Smelter Ferronickel Cakra Mineral Tbk

Located in Central Kalimantan Located in Southeast Sulawesi Located in Central Jakarta
Indonesia Indonesia Indonesia

Murui Jaya Perdana Cakra Smelter Indonesia

Located in Central Kalimantan Located in North Sumatra
Indonesia Indonesia

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2 Cakra Mineral Projects

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Cakra Mineral Projects

Iron Ore

Zircon & Titanium

Ferro-nickel Smelter

Pig Iron Smelter

Coking Coal

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Iron Ore

88%

Persada Indo Tambang

Iron Ore Mining

Persada Indo Tambang Overview

Iron Ore Tenement

Located in Sungai Kunyit, Padang, South Sumatra Province, Indonesia Persada Indo Tambang
Total Resource of Iron Ore is around 4 million tones
Total Capacity Production of 8000 MT / month
Iron Ore that PIT produced will be supplied for Cakra Smelter Indonesia in Pig Iron Smelter Project

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Zircon & Titanium

55% 55%

Takaras Inti Lestari Murui Jaya Perdana

CKRA has acquired 55% CKRA has acquired 55%
ownership ownership

Takaras Inti Lestari Overview Murui Jaya Perdana Overview

Zircon Sand Tenement Zircon Sand Tenement

Located in Palangka Raya City, Central
Kalimantan Province, Indonesia
First Zircon Sand Company that successfully
attained export permits and exported on March
2014
Total Capacity Production of 1500 MT / month
Located in Palangka Raya City, Central
Kalimantan Province, Indonesia
Operation and production tenement that supplies
its Raw Zircon Sands to TIL to get processed and
exported.
Total resource of Zircon Sand is around 5,3
million tones

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Ferro-nickel Smelter

Joint Venture

Zhejiang
Jinfeng(China)

50.1% 49.9%

Ferronickel Smelter Plan

Total Investment: ± USD 68 Million Offtake Agreement with PT Jagad Rayatama for laterite
Production Capacity: 48,000 MT nickel feedstock.

Ferronickel Grade: 8 – 12% of Ni content Output Price: USD 2,160 @LME USD 18,000

Input vs Output: 12 : 1 Power Supply: 5-10 MW

The Net Present Value of the project is at USD 379 million

The Project IRR (10 year) is at 16.87%
Net Profit Margin at 15.45%
EBITDA generated (full year) is at USD 18.2 million
Payback period is at 3,5 years without 1 year construction
period.

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Ferronickel Smelter Parts

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Pig Iron Smelter

Joint Venture
Shanxi SuoEr
Technology
51% 49%
Persada Indo Tambang
Supply
Contract
Iron Ore Smelter Plan

2 Stage of Iron Ore Smelter Plan:

Stage I From Iron Ore to Pig Iron
Total Investment: ± USD 55-60 Million
Start Production: Quarter 1 – 2016
Production Capacity: 300,000 MT / Annum
Input vs Output: 1.5 : 1

Stage II From Pig Iron to Steel (Wire Rod)

•After completing Stage I, Company will progress to Stage II

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Coking Coal

Twinpine Management Ltd.

Ketungau Tambang Silangkop

Nusa Benua Nusa
Raya Alam Raya Raya

Tambang Benua Alam Raya Overview

 Located in Murung Raya Regency, Central Kalimantan Province, Indonesia
 Adjacent to BHP Biliton’s Juloi tenement, straddling the Barito River
 High quality metallurgical coal project in Indonesia
 ±250 million Mt Measured, Indicated & Inferred Resource
 Low ash, low sulphur, and high calorific value
 Low operating cost & capital investment required (Infrastructure for ship loading already in placed)
 Domestic Coking Coal demand is guaranteed, because Posco and Wisco’s major steel mills inYOUR
Java need
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minimum of 20% coal come from Indonesia
Current CKRA Structure

West Sumatera Southeast Sulawesi Central Kalimantan

Persada Indo Tambang Cakra Smelter Ferronickel Takaras Murui Jaya

Intilestari Perdana

Persada Indo Takaras Murui Jaya Cakra Smelter Cakra Smelter

Tambang Intilestari Perdana Ferronickel Indonesia

Working 88% 55% 55% Working 50,1% 51%

Interest Interest

Status Operation & Production Status Under Under

Construction Construction
Resources ± 5 million ± 0.5 million ± 5.4 million Production ± 42,000 tones ±200,000 tones
tons tons tons Capacity Annually

Area 2,936 hectares 1,365 1,136 hectares Area 30 hectares 30 Hectares

hectares

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3 Cakra Mineral Structure

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Cakra Mineral “end game”

Holding Company

100%

Zircon Twinpine Iron Ore Smelter

Sands Management
Ltd.

55% 55%
88% 50.1% 51%
Takaras Murui
Inti Jaya Persada Cakra Cakra
Lestari Perdana Indo Smelter Smelter
Tambang Ferronickel Indonesia
25%

Coking Coal Assets

TBAR KNR SNR

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Financial Performance

Description (in millions of Rupiah) 2016 Sep-17 %Change

Sales 54,641 44,326 -18.88%

Cost of Goods Sold 59,205 50,071 -15.43%
Profit (Loss) -33,582 -28,707 -14.52%
Net Profit (Loss) -42,092 -28,122 -33.19%
EBITDA -34,547 -21,514 -37.72%
Total Assets 905,470 882,676 -2.52%
Cash and Cash Equivalents 615 592 -3.74%
Total Liabilities with Interest 21,323 26,551 24.52%
Equity 884,147 856,125 -3.17%
Debt to Equity Ratio 2.41 3.10 28.59%

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Property of :

THANK YOU

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