The Largest Coal Mining In Indonesia, Here Are 5 Biggest Lists

The Largest Coal Mining In Indonesia (Bart van Dijk-Unsplash Image)

YOGYAKARTA - Coal Mining in Indonesia is arguably very much considering the area so that the source of this fuel is very abundant. This time we will find out which are the largest coal mines in Indonesia.

Currently, it is known that Indonesia is estimated to have 38.84 billion tons of coal reserves. The reserve is predicted to last for 65 years if no other sources of reserves are found. Launching Minerba One Data Indonesia (MODI) Ministry of Energy and Mineral Resources, the creation of real-time coal in Indonesia until August 30, 2023 reached 360.69 million tons.

There are several largest coal companies in Indonesia that still have millions of tonnes of reserves. Follow the following information, yes!

I. PT Adaro Energy Tbk (ADRO)

Adaro has several mining companies that manage concessions in East Kalimantan and South Sumatra. In 2022, this industry will successfully produce bricks of up to 62.88 million tons.

II. PT Bumi Resources Tbk (BUMI)

This industry produces 70 million tons of coal during 2022. In October 2023, BUMI purchased 100% shares of PT Kaltim Prima Coal (KPC), a mining company operating in East Kalimantan.

BUMI also has many coal mining companies under the banner of its corporation. There are also mining positions managed by BUMI located in East Kalimantan, South Kalimantan, and South Sumatra.

III. PT Bayan Resources Tbk (BYAN)

BYAN manages coal mining concessions in East Kalimantan and South Kalimantan. The company owned by one of the richest people in Indonesia -Low Tuck Kwong - produces 38.9 million tons of coal throughout 2022.

IV. PT Bukit Asam Tbk (PTBA)

PTBA is one of the favorite coal issuers of investors. This state-owned industry has 8 subsidiaries, and has 5 coal management areas and operates 3 ports. The resource reserves owned by PTBA reach 3.02 billion tons.

In addition, read also news related to PTBA: The Largest Coal Reserve, PTBA Says It Can LAST up to 100 Years.

V. PT Kideo Jaya Agung

This industry is located under the flag of PT Indika Energy Tbk (INDY). During January-October 2023, Kideco successfully produced 25.4 million coal. Kideco exports coal to several countries in Asia.

Not only the five companies above, there is still PT Golden Energy Mines Tbk (GEMS) which until the third quarter of 2023 has succeeded in producing coal up to 31.7 million tons. GEMS is also under the Sinar Mas Group flag.

After that, there is PT Dian Swastika Sentosa Tbk (DSSA) which is also a subsidiary in the Sinar Mas corporation. This industry produced 20.4 million tons of coal during the early semester of 2023.

Indonesia Exports Coal Wherever?

Indonesia's thermal coal exports are ready to break last year's sales record. Projection of shipments for the first 2 months of 2024 jumped nearly 25% compared to the same period last year.

Information on ship tracking from Kpler, reported by Reuters on Tuesday (20/2), shows that thermal coal exports and Indonesia's thermal Situminus- which are used for power plants- reached 90 million metric tons for January and February. This number is an increase of 24% compared to the same 2 months in 2023.

For 2023 as a whole, Indonesia's exports have reached a new high of 504.6 million tons. If the export rate is high-which can be maintained during this year- can be maintained, then in 2024 it will be the highest point for Indonesia's thermal coal exports.

China, India, South Korea, and the Philippines are the main markets for Indonesian coal so far this year, 33%, 15%, 5.8%, and 5.1% of total shipments, respectively. Together with Japan, these markets are Indonesia's 5 main coal destination countries by 2023.

However, in volume, 29.4 million tons were sent to China until February, nearly 9% lower than shipments during the first 2 months of 2023. But so far, Kpler ship tracking data noted, there are still more than 21 million tons of Indonesian coal cargo that have been loaded or are being loaded, but have not confirmed their final destination in the ship's manifest.

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