Adaro Minerals Indonesia Tbk (ADMR)
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Adaro Minerals Indonesia Tbk Profile
| Oil, Gas & Consumable Fuels Industry | Energy Sector | - CEO | IDX Exchange | ID1000165608 ISIN |
| Indonesia Country | 477 Employees | - Last Dividend | 30 Jun 2016 Last Split | - IPO Date |
Overview
PT Adaro Minerals Indonesia Tbk, initially founded as PT Jasapower Indonesia in 2007, undertakes metallurgical coal mining operations in Indonesia. It operates primarily through its subsidiaries, holding interests in five Coal Contract of Work (CCOWs) mining concessions across East and Central Kalimantan, which cumulatively span approximately 146,579 hectares. With its headquarters located in Jakarta Selatan, Indonesia, the company transitioned its name to PT Adaro Minerals Indonesia Tbk in September 2021. It is a strategic subsidiary of PT Adaro Energy Indonesia Tbk, illustrating its integral role within the larger Adaro group's mining and energy operations.
Products and Services
- Metallurgical Coal Mining
PT Adaro Minerals Indonesia Tbk’s core business revolves around the extraction and production of metallurgical coal, a critical raw material for the steel making process. This coal is sourced from its extensive mining concessions in East and Central Kalimantan, which are key to the company’s output and business model.
- Management Consulting Services
Beyond its primary mining activities, PT Adaro Minerals Indonesia Tbk extends its expertise in management consulting services. This auxiliary service encompasses strategic advisory services, operational improvements, and other consulting services that leverage the company's extensive knowledge in mining operations and management strategies, catering to a broader clientele within the sector.
