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30 Million Tonnes per Annum East Kutai Coal Project Feasibility Study Returns Pre-Tax NPV of US$1.8 Billion

23 September 2010

30 Million Tonnes per Annum East Kutai Coal Project Feasibility Study Returns Pre-Tax NPV of US$1.8 Billion

Churchill Mining PLC (AIM:CHL, “Churchill”) and its Indonesian partners the Ridlatama Group, are pleased to announce the completion of the Feasibility Study (“the Study”) on the 2.73 billion tonne (“bt”) East Kutai Coal Project (“the Project”) in Indonesia. Churchill has a 75% interest in the Project with the Ridlatama Group owning the outstanding 25%.

Read the Full Announcement here:

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