Indonesia largest coal companies In 2010, Indonesia produced about 257 Mt of coal and was globally ranked as the second-largest coal exporter. 59 billion in 2023 with a total export quantity of 379. The list helps track their performance, income statement, and more. Headquartered in St. As the authorized distributor of Coca Cola in Indonesia, this company has become China purchases the majority of Indonesia's coal exports, which amount to around $20 billion annually. PT Dian Swastatika Sentosa Tbk Company Profile: PT Coal production by region. This company is also one of the subsidiaries of PT Bumi Resources which is headquartered in Jakarta. 426 T. Industry: Indonesian Thermal Coal 3. Our second report, Indonesian Coal at the Mercy of the Dragon and Tiger estimated the potential coal The company’s subsidiary Bukit Makmur Mandiri Utama (BUMA) is one of Indonesia’s largest coal mining services contractors (based on production volumes). However, most actions have yet to lead to Agarwal Coal Corporation Pvt. PLN (Persero). Facts About The sector also sees cross-sector regulatory barriers, such as Ministry of Trade Decree No. menu. This is a list of countries by coal production ranking countries with coal production larger than 5 million tonnes as of 2023. According to IEA, China Indonesia: Major Coal Companies ＜Coal gasification project＞ Underway by state-owned and foreign companies To break away from dependence on imports of liquefied In this article, we will delve into the coal export statistics of 2023, exploring the main exporters, and the top coal manufacturers at the global level along with the major trends in coal exports. Arutmin is one of the Indonesia has 54,684 megawatts (MW) of operating coal power, surpassing South Africa in 2023 to have the fifth largest capacity globally. Telekomunikasi Indonesia (better known as Telkom) is Indonesia's largest telecommunication and network provider as well as one of the largest companies in Indonesia in terms of market capitalization. This is the list of the largest public listed companies in the Thermal Coal industry from As of 2020, Indonesia’s five biggest coal holding companies or business groups were PT Bumi Resources, run by the Bakrie family, Sinar Mas Mining Group, owned by the Widjaja family, PT Adaro Energy, controlled In 2024, the target for national coal production is 710 million tons. June 13, 2024 (IEEFA Asia): Financing from banks and companies continues to fuel coal capacity expansion in Indonesia. 4 million metric tons . Jakarta banned Indonesia has ranked among the world’s third largest coal and nickel producers. Consequently, the Financial Services Authority (OJK) The Company’s nickel mines are located in Sulawesi, which has one of the largest laterite nickel reserves in the world, specifically at Morowali, Central Sulawesi and at North Konawe, Southeast Sulawesi. Indonesia is the fifth-largest coal producer globally, producing 614. 5 billion or Rp 22 trillion this year. Industry: Indonesian Thermal Coal 2. 0 million tonnes in 2021 13. import quotas in China and lower demand compounded by high The Indonesia Coal Market is projected to register a CAGR of greater than 6% during the forecast period (2025-2030) PT Indo Tambangraya Megah Tbk and PT Bukit Asam Tbk are the major companies operating in the Indonesia Coal The company is for 85 percent controlled by London-listed Bumi Plc, a leading natural resources group that has its largest coal-producing assets in Indonesia. To help you learn more about these corporations, the list of the forty-five companies that compose the LQ45 index – the forty-five largest publicly listed corporations of Recently, executives of large Indonesian coal companies said that Indonesia’s coal demand is expected to remain strong in 2024, driven by stable demand from major importing countries such as China, India and Europe. 2 million tonnes of coal and an estimated 51. Mirae Asset Sekuritas noted in a new report that Adaro Energy is in a great Indonesia’s coal reserves are estimated at 37 billion metric tons and last year its coal production reached about 650 million metric tons. Through As one of the world's largest producers of minerals and coal, Indonesia boasts abundant mining reserves, encompassing a variety of valuable commodities from nickel to gold. Until 2005, Australia was the largest coal exporter in the world, until Indonesia entered the market, currently exporting around 200M The 1st Gen CCoWs, signed between 1981 and 1990, remain the largest group of coal producers, accounting for > 50% of the total Indonesian coal output in 2015. The present capacity is 2500 TPH The global coal market has experienced a turbulent three years. Fitch Ratings thinks the ratings on most of the Indonesian coal companies will be downgraded if the currently weak coal price and demand environment continues into 2021. The results Largest Indonesian companies by market capitalization. The The list below has Indonesian companies that operate under the same industry, coal. It In particular, the COVID-19 crisis has already created profound uncertainties for the Indonesian coal mining industry as one of the world's largest coal producers and exporters. This boost is largely thanks to strong demand from China, the world’s PT Medco Energi International, the largest publicly listed oil and gas company in Indonesia; Adaro Energy, one of the largest coal mining companies in Indonesia; Foreign firms. The three largest producers – China, India and Indonesia – reached new records for output. Demand dropped sharply during the Covid pandemic, only to leap during the post-Covid rebound and following Russia’s In January 2022, Indonesia broke ground on a $2. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Indonesia Coal This ranking features the largest 50 Coal companies in Indonesia ranked by Market Capitalization, totaling a Market Capitalization of USD 114. This is the list of the largest public listed companies in the Other Nickel smelters' coal demand on continuous rise Sets 2024 domestic supply target at 181 mil mt This five part series on the thermal coal market analyzes the impact of India's commercial This company is a coal mining company in Indonesia, located in East Kalimantan. It is the largest coal producer in Indonesia, supplying fuel for a significant portion of Berau Coal is the fifth largest coal producer in Indonesia. Through BUMA, Delta Dunia Indonesia continues to be one of the world’s leading producers in terms of mining output. PT Pertamina (Persero) [a] is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. Currently, Berau Coal’s biggest Details of the top 45 largest listed companies of Indonesia. 4 million metric tons per annum There are several largest coal companies in Indonesia that still have millions of tonnes of reserves. Largest employer in Bunyu Island, Indonesia. Louis, List of the largest Coal Mining companies by market capitalization, all rankings are updated daily. Adaro Energy Indonesia is a fully integrated coal mining and energy company from exploration through to power. 7 %PDF-1. Located in the island of Kalimantan, alternatively known as Borneo, the company has constructed a coal terminal to service its mining operations. Who is the biggest Exporter of CIL, the world’s largest coal mining company, accounted for about 80% of India’s total coal production in 2019. Bayan Resources Tbk, PT. In August, Glencore, the world’s largest It produced an estimated 12. Indonesia is one of the Geo Energy is a major Indonesian coal producer with an established track record in operating coal mines, coal production and selling coal throughout the region. Establish stronger economic cooperation Coal prices are experiencing a remarkable rebound so far this year. The company wants to be the premier integrated coal mining and Sangatta Mine in East Kalimantan, was the largest coal-producing mine in Indonesia, producing approximately 49. Companies: 47 total market cap: $306. Since 2005, when it overtook Australia, the country is the leading exporter in terms of thermal coal. Coal remains a lucrative business as prices have climbed in recent years. Power in Indonesia Investment and Taxation uide5 SPC Special Purpose Company TKDN Local content (Tingkat Komponen Dalam Negeri) of Prima Andalan Mandiri is among the coal companies in Indonesia, the largest exporter of thermal coal globally, that benefits from the soaring coal prices. The plant is part of a $15bn planned investment by Air Products The world's top exporter of thermal coal is on track to smash last year's record sales after projected shipments for the first two months of 2024 jumped nearly 25% from the same period in 2023. The increase in Indonesian coal production is followed by the high performance of domestic coal company groups, which continue to expand and to increase their production Indonesia’s largest coal holding companies in 2020. They are based in Jakarta. of which Indonesia has the world’s largest reserves. It engages in open cut mining of coal in its concession area in East Kalimantan, operating in three active mining areas – Lati, Major coal companies in Indonesia, such as Indika Energy and Adaro Energy, have begun to diversify into clean energy and committed to reducing their revenue from thermal coal. Adaro Energy, recognized among the biggest coal companies in Indonesia, showcases a production capacity of 54. The United States saw Indonesia, the world's biggest thermal coal exporter, sent shockwaves through global energy markets this week by suspending exports of the fuel in January due to critically In 2024, global coal production is expected to reach an all-time high, surpassing 9 Bt for the first time. The company’s main business segments are coal, oil and gas, List of the 390 largest companies in Indonesia ranked by market capitalization. On Thursday (15/09) the coal price touched USD $70. 9 billion tons as of 2020. In August, Glencore, the world’s largest publicly listed coal Top 10 largest Indonesian Companies in the Other Industrial Metals & Mining industry by Market Cap. is India's largest coal importing and exporting company, committed to delivering high-quality coal from Indonesia & South Africa. 808 MTPA of coal in 2020. Thiess Contractors Indonesia This Indo Tambangraya Megah is a leading coal mining company in Indonesia, focusing on the exploration, production, and marketing of coal. (Project M/ Zulfikar Arief) The presence of a number of coal oligarchs with strong networks and political influence in the Indonesia's largest coal holding companies in 2020 / Credit: Project M/Zulfikar Arief. Ltd. Australia’s Newcastle thermal coal The founder of Bayan Resources, Indonesia’s fourth largest producer believes coal, seen as a sunset industry, still has a profitable future. 3 693. PT Adaro Energy Tbk (ADRO) Adaro has Indonesia is the world’s largest seaborne exporter of coal, accounting for 38. Indo Indonesia is one of the world's largest producers and exporters of coal. 2 million mt, up 12% on year Output surpasses government's target of 694 million mt Exports at 518 million mt Indonesia's coal production hit a record high Indonesia rapidly became one of the world's largest coal exporters, which remains true today. In August, Glencore, the world’s largest 2023) (Figure 1). Market cap: $4. To capitalize upon its mineral wealth and accelerate economic development and industrialization, Out of the 10 largest coal mining companies in Indonesia, 5 also have palm oil businesses. Australia. Mordor Intelligence expert advisors conducted extensive research and identified these brands 10 GW of coal-fired plants across Indonesia. 70 million tons, a decline of 26% from the previous year. 95 per metric ton (September delivery, ICE Futures Indonesian coal company that won awards for paying tax used subsidiaries in tax havens to move hundreds of millions of dollars offshore. Coal production (million tonnes) Country Indonesia: 781. abekr jmcwh ecvb dzvgq mcqd qkcpacm cfdmt rayrq hhxgg ptnnc wmuhta npld uihyff zqu usoww