Kestrel is one of the world’s largest producing underground coking or metallurgical coal mine and produces around 7.1 MT of coal annually. Our team’s capability covers the entire mining process, from development to extraction and processing.
We are a joint venture formed in 2018 between EMR Capital and Adaro Energy (80%) and Mitsui Coal (20%) and our coal is used in the steelmaking process all over the world.
We have achieved a lot at Kestrel and we are very proud of our people. Kestrel boasts a supportive, friendly team of over 600 that feels more like family.
We stand by our values and work collectively to achieve the results our success is built upon. We are engaged in the community, we care for our environment, and each other.
We are Kestrel.
Kestrel mine is located 40km north of Emerald in Queensland’s Bowen Basin, and has been in operation since 1992. Kestrel Resources has operated the mine since 2018 and achieved the status of mine of the year in 2019.
Mr. Rachmat joined Adaro in 2005 and was appointed Chairman of KCR in April 2018.
Mr. Rachmat started his career as a business analyst at A.T. Kearney in 1995, then moved to work as operations researcher and supply chain manager for PT Toyota Astra Motors from 1996 to 1998. After a spell at his family’s Triputra Group, he brought his experience to Adaro in 2005.
Mr. Rachmat holds a Bachelor of Industrial Engineering from the Northwestern University in Illinois.
Mr. Hegarty was appointed director of KCR in February 2018, after being the Chairman of EMR since its inception in 2011.
Mr. Hegarty has more than 40 years’ experience in the global mining industry including 25 years with the Rio Tinto group where he was Managing Director of Rio Tinto Asia and Rio Tinto’s Australian copper and gold business from 1989 to 1994. Mr. Hegarty was the founder and Managing Director of Oxiana Limited. He was previously the Vice Chairman of ASX listed Fortescue Metals Group.
Mr. Hegarty holds a Bachelor of Economics (Hons) from Monash University.
Mr. Chia was appointed director of KCR in April 2018.
Mr. Chia ran a contract mining company in East Kalimantan before joining PT Adaro Indonesia in 1991 as operations manager. PT Adaro Indonesia further developed his career by providing a period of study at the European business school INSEAD in 1998. Later that year he was appointed General Manager of PT Adaro Indonesia.
Mr. Chia holds a Bachelor of Civil Engineering from the University of Windsor in Canada.
Mr. Smith was appointed director of KCR in April 2018.
Mr. Smith has more than 35 years’ experience across the Australian mining and mining services sectors. Most recently he held the positions of CEO of Newcrest Mining Ltd and CEO of Orica Limited. Prior to this, Mr. Smith held senior roles at Rio Tinto including Head of Technology and as Managing Director of Comalco Aluminium Smelting.
Mr. Smith holds a Bachelor of Engineering, Mining and Mineral Engineering (Honors) from the University of New South Wales.
Mr. Aman was appointed director of KCR in April 2018.
Mr. Aman has worked as a lawyer at the firms Minan’g, Warman, Sofyan SH & Associates and Lubis, Ganie & Surowidjojo before joining Adaro in 1996.
Mr. Aman holds a Bachelor of Laws from the University of Indonesia and a Master of Laws from the University of Washington.
Mr. Chang was appointed director of KCR in February 2018, after being the CEO of EMR since its inception in 2011.
Mr. Chang has over 20 years’ experience as a professional advisor specializing in the Asian market and the resources sector. He was previously Partner in Charge of KPMG Australia’s Asia Practice, China Practice and India Practice, at different times, and a member of KPMG Australia’s leadership team. In these roles, Mr. Chang was the head of KPMG Australia’s businesses across all service lines (advisory, tax, audit) for the Asia Australia corridor, where his primary focus was working for Chinese companies acquiring mining projects globally.
Mr. Chang holds a Bachelor of Laws, a Masters of Law and a Bachelor of Economics (Accounting) from the Monash University.
Mr. Small was appointed director of KCR in April 2018.
Mr. Small’s introduction to Adaro was as Managing Director of a JV between BHP and Adaro in Indonesia. After Adaro acquired 100% of the Indonesian BHP assets, Mr. Small joined Adaro to assist with the development of the Metallurgical coal division. He has over 35 years’ experience in the development and management of mining ventures throughout Australia and South East Asia with a strong focus on underground longwall mining and will lead the Adaro team in the transition to ownership.
Mr. Small holds a Master’s Degree in engineering from Wollongong University and studied Mechanical Engineering at Newcastle University.
Mr. Manini was appointed director of KCR in February 2018.
Mr. Manini is a geologist and business development executive with over 25 years of exploration, development and operations experience in the resources industry. He worked with Rio Tinto for 14 years in various technical, commercial and management positions before joining Oxiana Limited in 2000. More recently, Mr. Manini was the Executive General Manager for exploration and business development at OZ Minerals Limited. He is also a co-founder and former CEO of the Tigers Realm Minerals Group.
Mr. Manini holds a Bachelor of Science (Geology) (Hons) from the LaTrobe University.
Ms. Handajani was appointed director of KCR in June 2019.
Ms. Handajani is currently the Head of Corporate Finance – Overseas Assets for Adaro. She was previously the Director and CFO of PT Bhimasena Power Indonesia (a joint venture in which Adaro is a participant) which raised US$3.4 billion in project financing – the largest project finance deal in Indonesia.
Ms. Handajani holds a MBA of Business Administration from the University of Houston and a degree in accounting from the University of Indonesia.
Mr. Ferguson was appointed director of KCR in March 2018.
Mr. Ferguson has over 30 years’ experience in the provision of accounting, assurance and finance related matters and is CFO of EMR. Prior to joining EMR, Mr. Ferguson had been a Senior Partner in KPMG Australia for 18 years. In that position, he has held various senior roles including Partner in charge of KPMG’s CFO Advisory Practice in Melbourne, responsible for advising CFO’s on strategy, operations and risk. Mr. Ferguson’s experience includes transaction due diligence assignments relating to mergers, acquisitions and divestments. In addition to his external client roles and internal KPMG leadership positions, he has led various strategic and operational initiatives for KPMG.
Mr. Ferguson holds a Bachelor of Commerce from the University of Melbourne, is a member of the Institute of Chartered Accountants of Australia and is an ASIC registered company auditor.