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Tigers Realm Coal Ltd closing in on low cost coking coal production in 2016

Tigers Realm Coal Ltd closing in on low cost coking coal production in 2016

Tigers Realm Coal Ltd (ASX:TIG) aims to be producing coal from the Amaam Coking Coal Project located in eastern Russia by late Q4 2016. Production is set to commence from Phase One of Project F, where the company have recently completed a feasibility study. The capital cost of Phase One is estimated to be US$6.6 million and site operating costs are estimated to be US$25 per tonne free on board (FOB).

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