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Cokal Limited (ASX:CKA)

ALERT: Price-sensitive ASX Announcement for CKA
Current share price for CKA : $0.059 0.011 (22.92%)+
Announcement
Release
10 Jun 2026 9:46AM
Price at Release
$0.048
Full Release
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Summary
Cokal Limited announced that it has received RKAB approval for its Bumi Barito Mineral (BBM) Project in Central Kalimantan, Indonesia, enabling the recommencement of mining operations. The approval supports current operational requirements and allows for the continuation of mining activities. Mining operations are set to resume mid-June after site preparation and dewatering activities. Hauling operations have already resumed, with coal stockpiled at Krajan jetty ready for shipment when river conditions permit. The company has also completed a key operational milestone in the first controlled blast at Pit 3 and is finalizing an export shipment of approximately 10,000 metric tons of Low Vol Hard Coking Coal by end of June. Infrastructure upgrades at Batu Tuhup Jetty and the development of underground mining are progressing, targeting regulatory completion by Q4 2026. The company continues to align operations with approved RKAB allocations and remains committed to regulatory compliance amidst evolving industry governance discussions in Indonesia.
Key Points
  • RKAB approval received for Bumi Barito Mineral Project
  • Mining operations to resume mid-June
  • Hauling operations resumed; coal stockpiled ready for shipment
  • First controlled blast at Pit 3 completed
  • 10,000 metric tons of Low Vol Hard Coking Coal shipment by end of June
  • Batu Tuhup Jetty infrastructure upgrades ongoing
  • Underground mining development process underway
  • Regulatory compliance and alignment with RKAB allocations
  • Industry discussions on Indonesia's commodity governance framework
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.