Aus Asia Minerals Ltd Stock

Aus Asia Minerals Limited, formerly Coal Fe Resources Limited, is a mining company. The Company operates in the mineral mining and exploration segment across Indonesia. The Company's principal activity is the acquisition of around two Indonesian companies, which own iron ore and coal projects in Indonesia. The Company has interests in the projects including The Solok Iron Ore Project-Mineral Sukses Makmur (MSM) and Painan Coal Project-Tunggal Putra Nusantara (TPN). The MSM holds a producing iron ore concession in Solok, West Sumatra, Indonesia, which is located around 80 kilometers from Padang, West Sumatra. The concession is approximately 70 hectares. The TPN holds an anthracite coal concession in Palin, West Sumatra, Indonesia. The concession is approximately 100 kilometers from an area of around 70 hectares, and located approximately 10 kilometers away from the jetty. The Company's subsidiaries include PT Mineral Sukses Makmur and PT Tunggal Putra Nusantara.