Tigers Realm Coal Ltd (ASX:TIG) will be one of the lowest cost producers in the world, and is focused on the Russian Far East Coast.
The company's Amaam North and Amaam projects (TIG 80% each) comprise two large coal basins with a combined 632 million tonnes in JORC Resources, along with a 115 to 410 million tonne exploration target.
Tigers Realm owns the nearby Beringovsky Port and Coal Terminal with historical peak throughput capacity of 700,000 tonnes a year.
The company's marketing efforts are primarily targeting steel producers and industrial customers in North Asia.
Today Tigers Realm has outlined the appointment of Nikolay Ishmetov as an alternate director for Tagir Sitdekov on the board.
Ishmetov is currently a senior associate at the Russian Direct Investment Fund (RDIF) and has been involved in the Russian private equity market for over five years.
RDIF became a Shareholder of Tigers Realm in March 2014 and currently holds an equity interest of 14.4%.