Indo Tambangraya Megah Tbk - ADR (ITAYY)

Overview

PT Indo Tambangraya Megah Tbk, established in 1987, is a prominent player in the coal mining industry, with a vast range of operations spanning the Indonesian island of Kalimantan, which includes East, Central, and South regions. Headquartered in South Jakarta, Indonesia, the company operates as part of the Banpu Minerals (Singapore) Pte. Ltd. group of businesses. It not only engages in coal mining but also manages the Bontang Coal Terminal, several loading ports, and the Bontang power plant. The company's business activities extend to mining support services, coal and fuel trading, fuel distribution, coal transportation, and renewable power generation, emphasizing its significant diversification within and related to the energy sector. PT Indo Tambangraya Megah Tbk markets its coal both domestically and internationally, covering major markets in Indonesia, India, Pakistan, Taiwan, China, Hong Kong, Korea, Japan, Europe, and other regions, demonstrating its global reach and the diverse demand for its products.

Products and Services

• Mining Operations

  The cornerstone of PT Indo Tambangraya Megah Tbk's operations is its extensive coal mining activities that span across Kalimantan's East, Central, and South regions. The company extracts coal, which is then sold primarily to power generation companies worldwide.

• Bontang Coal Terminal and Loading Ports

  PT Indo Tambangraya Megah Tbk owns and operates the Bontang Coal Terminal and several loading ports, critical for the efficient handling, storage, and loading of coal for international shipping, ensuring timely and consistent delivery to its global customers.

• Bontang Power Plant

  A key infrastructure asset, the Bontang power plant is operated by the company, supplying reliable power to its mining sites and associated facilities, showcasing PT Indo Tambangraya Megah Tbk's self-sufficiency and commitment to operational efficiency.

• Mining Support Services

  The company provides comprehensive mining support services, which include exploration, extraction, and material handling services, illustrating its capacity to manage extensive mining operations with a high level of expertise and technical know-how.

• Coal and Fuel Trading

  Apart from its mining activities, PT Indo Tambangraya Megah Tbk is actively involved in the trading of coal and fuel. This business line not only diversifies its income streams but also allows it to leverage market dynamics and supply chain efficiencies.

• Fuel Distribution and Coal Transportation

  Through its fuel distribution and coal transportation services, the company ensures that its products reach end-users in a timely and efficient manner, underpinning the supply chain of the global energy sector.

• Alternative Energy Trading and Renewable Power Generation

  In alignment with global trends towards sustainability, PT Indo Tambangraya Megah Tbk is engaged in alternative energy trading and renewable power generation activities. These efforts showcase the company’s commitment to environmental stewardship and its role in the transition towards cleaner energy sources.