1 3 December 2019 Emulsion Plant Inauguration in BSI-Tujuh Bukit

3 December 2019 Emulsion plant Inauguration in BSI-Tujuh Bukit gold mine PT DNX Indonesia officially starts the operation of its emulsion plant at BSI-Tujuh Bukit gold mine in East Java Province. Tujuh Bukit gold mine is operated by PT Bumi Suksesindo, a subsidiary company of IDX-listed PT Merdeka Copper Gold Tbk, that has been operating since 2017. Andy Gardner, Senior Vice President, Asia Pacific of Dyno Nobel, said that DNX provides more values to BSI. "We make sure that we can produce quality emulsion on site and provide more optimized and efficient blasting services," Andy said. DNX Indonesia provides both surface and underground blasting services for BSI under a five years contract until 2024. BSI currently operates three gold pits namely B-West, B-East and Pit A. B-West pit is going to be mined out in the near future and BSI will open new pit, which is Pit C. Shaun Ryan, Mine Operation Manager of BSI, added that the newly operating emulsion plant of DNX will help BSI to improve the efficiency and reduce the production cost in the gold mine. “We estimate that we can save up to US$1 million a year,” he said. Ryan stated that DNX Indonesia provides the down-to-hole blasting services while the drilling activities are conducted by BSI. Andy Gardner makes sure that the company will provide more efficient blasting services as it fully understands the explosive requirements in the gold mine. “We have different emulsion formulas for surface and underground blasting service. Since we understand that the underground is very reactive, so we have to use emulsion because it is safer and gives better outcome,” Gardner said. Emulsion plant in Banyuwangi is the 8th plant of DNX Indonesia since its first operation in Indonesia for more than 25 years ago. DNX Indonesia partners with PT Multi Nitrotama Kimia (MNK) in providing blasting services for BSI. Wawa Jaka Sungkawa, Director of MNK, said that MNK provides ammonium nitrate (AN) supply and detonators for DNX Indonesia. “We can provide AN from Cikampek plant which is relatively near from here,” Wawa said referring to Tujuh Bukit gold mine. MNK also has detonator assembly plant (JO with DYNO NOBEL) in Handil, East Kalimantan Province. BSI owns mining permit (IUP) production operation of 4,998 hectare but the borrow and use forest area permit (IPPKH) is currently only 993 hectares. There are some other prospect areas outside Tujuh Bukit gold mine but BSI only operates inside the 993 hectare area of Tujuh Bukit prospect. “There are some prospects among others Tujuh Bukit, Salakan and Candrian but currently we are working on Tujuh Bukit,” Hidayat Purwoko, Tech Service Manager of BSI, said. Merdeka Copper Gold plans Oxide Expansion Project (OXP) to double installed capacity for ore crushing, stacking and processing from 4 million to 8 million tons per annum. 1 Gardner mentioned that DNX already put a huge investment in the facility and design the emulsion plant for long term operation. “If we could do a good job, work safely and efficiently, we hope to be here for longer term,” he said. BSI currently has underground exploration that is going through to find more gold ore resources. “There is potential to be 30 years life-of-mine. If that is successful, we will be happy if DNX to remain here during the journey,” Ryan said. Report by Tri Subkhi - Petromindo ENDS 2 .

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A Dyno Nobel Overview
A Dyno Nobel Overview Our Company Our Products Our Technology Our Services Your Benefit Our Company Ownership History Statistics Locations Expertise Vision Safety Incitec Pivot Limited Top 40 ASX company Dyno Nobel Incitec Pivot Industrial Explosives Fertilizers . The #1 supplier of industrial explosives in . The #1 manufacturer of fertilizers in Australia North America . The #2 supplier of industrial explosives in . The #1 distributor of fertilizer in Eastern Australia Australia . The largest number of AN plants . The largest fertilizer trader in Southeast Asia . The only full line explosives manufacturer Incitec Pivot Limited Corporate History $850m Demerger of Acquisition investment Incitec Merger with of SCF Antecedent Acquisition Moranbah in fertiliser Incitec (Phosphate Moranbah companies of AN plant Waggaman, business Fertilisers Hill AN plant of Incitec Dyno Nobel construction Louisiana from Orica’s Ltd manufactur goes live established commenced ammonia Industrial -ing plant) plant Chemicals 1919 1923 2002 2003 2006 2008 2010 2012 2013 Divestiture Orica divests of Incitec’s its remaining 50% 100% Pivot crop 70% acquisition acquisition established protection shareholding of Nitromak of Nitromak division in IPL Alfred Nobel and Our Legacy of Innovation Dyno Nobel's history began in 1865 with Swedish inventor Alfred Nobel. The company traces its roots to Alfred Nobel's legacy of safety innovation. His invention of dynamite and blasting caps saved the lives of countless miners, as did William Bickford's invention of safety fuse in 1831. Dyno Nobel is proud of this legacy and our safety standards are among the highest in the industry. Today, our corporate history connects to nearly every organization that made significant breakthroughs in explosives technology.
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