Montem Resources combines technical excellence with proven local knowledge and a strong commercial acumen, to deliver a suite of sustainable coking coal products.
Montem Resources is the owner of six world-class and strategically located metallurgical coal properties in Alberta, Canada, with a combined in-place resource totaling over 220 million tonnes. The company's cost conservative strategy combined with an excellent set of financials, will enable it to operate efficiently at a highly enviable margin.
Tent Mountain, Montem Resources' most advanced coking coal asset, has an active Coal Mine Permit and Environmental Permits, making the project significantly more advanced in development timeline than its direct competitors.
A recent review of the Tent Mountain coal quality, conducted by an industry expert, suggests that the coal is very similar to the medium to higher volatile hard coking coals currently being produced from the Elk Valley region. The company is moving towards production of this asset in the second half of the 2018 calendar year.
In addition to Tent Mountain, significant work has been performed on all the Chinook coking coal properties, with further value-enhancing programs planned in the coming year to move towards development and subsequent production. It is anticipated that Montem Resources will produce 3 million tonnes of hard coking coal per year.
Montem Resources is a proud member of the Coal Association of Canada.