Having Coal Reserves Of 2.98 Billion Tons, PTBA Pede Can Explore For The Next 100 Years

Coal (photo: dock. intermediate)

JAKARTA - PT Bukit Asam Tbk (PTBA) is known to have coal reserves of 2.98 billion tons. Meanwhile, in terms of resources, PTBA has resources of up to 5.81 billion tons.

"To all investors, don't worry because there are still a lot of coal reserves in PT Bukit Asam. There are 2.98 billion tons of coal available," said PTBA's Director of Finance and Risk Management, Farida Thamrin in the Public Expose 2024, Tuesday, August 27.

Farida added, with existing coal reserves, companies registered on the IDX since 2002 can still explore for the next 100 years.

"If you imagine how much, so for example now the production of coal is around 40 million tons. Maybe if for example it is calculated it is still around 90 years to 100 years that we can still explore coal," he continued.

Farida further explained, currently PTBA has operational areas on the islands of Sumatra and Kalimantan. Meanwhile, the areas with the largest coal reserves are Tanjung Enim, South Sumatra with 5 mines, namely the Air Laya Mine which has 382 million tons of spare parts with GAR 4900 -7000, Muara Tiga Besar with 168 million tons and GAR 4400-5000 reserves; West Banko with a reserves of 245 million tons and 4900--300 calories; Banko Tengah A with a reserve of 364 million tons as well as the content of the GAR 3900-4300 calorimeter and finally Banko Tengah B with a reserve of 1535 million tons and a calorie content of GAR 3700-5300.

"This Tanjung Enim area has very diverse calories. This calori makes buyers or prospective buyers from PT Bukit Asam very interested because the variations are very diverse," continued Farda.

Another area that is the mainstay of PTBA is Ombilin, which is the initial area where PTBA operates in South Sumatra which contains high calories of 7,100-7300.

"Apart from that, PT. Bukit Asam also has a subsidiary area in Samarinda or Kalimantan and this is still operating with a large number but still producing until now," concluded Farida.

On the other hand, PTBA's coal production realization was recorded at 18.8 million tons and rail transportation at 17.3 million tons per Semester I 2024.

Meanwhile, PTBA's coal sales in Semester I 2019 amounted to 13.4 million tons, then 12.6 million tons in Semester I 2020, then 12.9 million tons in Semester I 2021, rose to 14.6 million tons in Semester I 2022, and 17.4 million tons in the same period in 2023.

Pencapaian rekor tersebut ditopang oleh penjualan ekspor batu bara sebesar 8,5 juta pada Januari-Juni 2024, meningkat 20 persen secara tahunan. Sementara realisasi Domestic Market Obligation (DMO) sebesar 11,6 juta ton, tumbuh 12 persen dibanding Semester I 2023 yang sebesar 10,3 juta ton.