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PT Bukit Asam Tbk

Founded by : Arsal Ismail, 1 January 1919

Indonesia
Oil, Gas & Consumable Fuels
More than 5000 employees
https://www.ptba.co.id/hrd/career?/en/hrm/career

About the Company

PT Bukit Asam Tbk (PTBA), a state-owned coal mining company founded in 1981 and headquartered in Tanjung Enim, South Sumatra, Indonesia, stands as a significant player in the global coal production landscape. With a dedicated workforce of over 20,000 employees, the company reported remarkable financial figures in 2022, including a revenue of IDR 35 trillion (equivalent to US$2.3 billion) and a net income of IDR 10 trillion (US$667 million). PTBA is a versatile producer of coal products, including thermal coal, coking coal, and non-coking coal, catering to various industries such as electricity generation, steel production, cement manufacturing, glass production, and fertilizer production. It is notably the largest supplier of thermal coal to power plants in Indonesia and coking coal to steel mills in the country. The company offers a spectrum of services related to coal mining, encompassing coal transportation through its own railway and port facilities, coal processing tailored to meet customer specifications, and coal engineering services, which include mine design, mining operations, and coal handling and processing. The global influence of PTBA is substantial, as it is a major coal supplier with its products contributing to electricity generation, steel production, and various industrial processes worldwide. Moreover, PTBA plays a pivotal role in Indonesia's economy, both as a significant employer and a contributor to the country's economic development. The company's unique value proposition centers around its integrated coal mining business model. PTBA not only produces coal but also efficiently transports and processes it to fulfill the specific requirements of its customers. With a strong track record of success and a reputation as one of the largest and most efficient coal producers globally, PTBA stands as a key player in the coal industry.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, PT Bukit Asam Tbk’s industry classification falls within the following categories:
  • Sector: Energy
  • Industry group: Energy
  • Industry: Oil, Gas & Consumable Fuels
  • Sub-Industry: Coal & Consumable Fuels
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Company Address

Menara Kadin Indonesia Floor 15 Jalan H.R Rasuna Said, Blok X-5 Kav. 2-3 Jakarta 12950

Source : Google maps

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