INVESTMENT ANALYSIS OF LOADPRO X60 AS COAL HAULING EQUIPMENT IN PIT A, SAMBARATA MINE OPERATIONS, PT. BERAU COAL

Sambarata Mine Operation is one of the operational sites of PT Berau Coal is one of the leading coal companies in East Kalimantan, Indonesia.. According to the life of mine (LOM) mining plan that was given, there would be a production increase for the Sambarata Mine Operation project in 2024. Increa...

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Bibliographic Details
Main Author: Ramadinata Yantoro, William
Format: Theses
Language:Indonesia
Subjects:
Online Access:https://digilib.itb.ac.id/gdl/view/86761
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Institution: Institut Teknologi Bandung
Language: Indonesia
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Summary:Sambarata Mine Operation is one of the operational sites of PT Berau Coal is one of the leading coal companies in East Kalimantan, Indonesia.. According to the life of mine (LOM) mining plan that was given, there would be a production increase for the Sambarata Mine Operation project in 2024. Increasing the efficiency of the coal transportation machinery from the pit to the coal processing plant is necessary to support this. Furthermore, it is impossible to separate the cost of fuel, which will rise in tandem with production increases. In 2022, fuel consumption is higher than the predetermined amount. Improvements will therefore be made to the utilization of new coal transportation equipment with a lower fuel ratio. Currently, DT 30 tons is utilized for coal transportation from ROM temporary to CPP, while HD CAT777 is utilized for coal transportation from pit to ROM temporary. The loadpro X60, which has higher productivity and lower fuel ratio values, is the new equipment that will be used. But given this improvement condition, a new weighbridge must be purchased because the current weighbridge is unable to meet the requirements of the new equipment. Based on the technical assessment and selection of business solution alternatives and also financial analysis of proposed solutions, PT. Berau Coal plans to invest Rp.4.4 billion for the construction of a New Weighbrige to implement Loadpro X60 as coal hauling equipment. This research aims to evaluate the financial feasibility of Loadpro X60 as coal hauling equipment scenario, the method used in the analysis is the Discounted Cash Flow Method (DCF) with Incremental cost. The use of new coal hauling equipment results in the following financial parameters: NPV Rp. 1,1 billion, Profitability Index (PI) 1.27, IRR 23%, and Payback Period 2.02 years. Sensitivity analysis reveals that coal production is the most sensitive parameter to NPV fluctuations. Furthermore, based on Scenario Analysis and Monte Carlo Simulations, it is found that the worst scenario generates an NPV of -Rp.758,3 million. The best scenario yields an NPV of $2.5 billion, with an 4% probability of NPV < 0. The analysis results show that the project implementation is financially feasible, the project will generate profits for the company. So it is highly recommended for PT. Berau Coal to implement the project.