Tujuh Bukit Mining Mega Project
what
Business opportunity identified in the market:
- Tujuh Bukit Underground Mining Project at Banyuwangi, East Java. A giant pre-production copper project with an indicated mineral resource of 755Mt.
- Sustainable energy solutions by using B30 diesel oil for trucks and heavy equipment, also replacing diesel gensets with solar panels.
- Adoption of electric trucks and electric heavy equipment
- Digital solutions in fleet management, operational efficiency, and predictive maintenance of heavy equipment
- Underground mining demand instead of open-pit
How
~750 mUSD for the pre-production CAPEX. Targeted to produce 110,000 tonnes of copper and 350,000 ounces of gold per year for over 30 years. +30 years of estimated Life of Mine (LOM). Processing period: 2026 – 2031 (phase 1), 2031 – 2034 (phase 2), and 2034 – LOM (Phase 3)
Call to action
Contact kumala.chadra@business-sweden.se for more information about the SISP Sustainable Mining Program 2024 (annual program).