Strategic Mining
Unlocking Indonesia’s Natural Potential
Coal • Gold • Nickel — responsible and profitable mining ventures.
Our Projects
Through strategic acquisitions and Joint Operation (JO) partnerships with licensed concession holders, Polaris connects global capital with high-potential mining assets — ensuring legal certainty, operational readiness, and environmental responsibility.
Our mining portfolio covers coal, gold, and nickel, three of Indonesia’s most important mineral commodities. Each project is developed under a verified IUP (Mining License) and RKAB (Annual Work Plan & Budget), ensuring compliance with Indonesian law and ESG principles.
Our Strategic Mining Model Includes:
Legal certainty through licensed JO agreements.
Utilizing licensed Joint Operation agreements to ensure legal clarity and investor protection.
Milestone-based capital deployment.
Capital disbursement tied to verified project milestones for disciplined investment execution.
ESG compliance embedded in all project phases.
Environmental, Social, and Governance principles integrated from exploration to closure.
Infrastructure integration.
Optimized logistics through road, port, and hauling infrastructure development.
Our Projects
Coal Projects
Located in South Sumatra and East Kalimantan, our coal operations feature mid-to-high calorific value reserves and established logistics networks.
View Details
Gold Projects
Our gold assets in West Sumatra and West Kalimantan demonstrate strong geological potential with confirmed grades up to 8.6 ppm Au.
View DetailsNickel Projects
In partnership with licensed holders in Sulawesi, Polaris is developing nickel concessions aligned with Indonesia’s national downstream vision for EV battery and stainless steel industries.
View DetailsCoal Projects
South Sumatera Coal Project
Location: Kikim & SP6 Block, Gumay Talang – Lahat, South Sumatera
Area: ±1,000 hectares
License Status: Valid Production License and Approved Work Plan (2024–2026)
Type: Mid-calorific thermal coal (3,800–4,200 kcal/kg GAR)
Highlights:
- Excellent access to roads and nearby port facilities
- Production-ready site with established infrastructure
- Target production capacity: 1.5 million tonnes per year (2026)
East Kalimantan Coal Project
Location: Kutai Timur – East Kalimantan
Area: ±12,000 hectares
License Status: Valid Production License (IUP OP)
Type: Medium- to high-calorific coal (5,600–5,800 kcal/kg GAR)
Highlights:
- Completed environmental and reclamation compliance
- 46 km haul road and jetty access to Mahakam River
- Scalable production capacity beyond 1.5 Mtpa
Gold Projects
West Sumatra Gold Project
Location: Solok Selatan – West Sumatra
Area: ±129 hectares
License Status: Valid Exploration Permit
Type: Epithermal gold system within Sumatra magmatic arc
Highlights:
- Assay results up to 8.6 ppm Au (gold)
- Surface trenching and topographic mapping completed
- Target permit upgrade to Production License by 2026
Nickel Projects
Southeast Sulawesi Nickel Project
Location: Langkema–Batuawu–Rahadopi, Bombana – Southeast Sulawesi
Area: ±2,018 hectares
License Status: Valid Production License and RKAB 2024–2026 Approved
Type: Nickel laterite (saprolite & limonite ore)
Highlights:
- Annual target output: 600,000 WMT
- Owns a 320 ft jetty with direct smelter access
- ±1,950 Ha expansion area under review
- Fully aligned with Indonesia’s EV and nickel downstream program