| Oil, Gas & Consumable Fuels Industry | Energy Sector | Mr. Andre Abdi CEO | IDX Exchange | ID1000121205 ISIN |
| Indonesia Country | 444 Employees | - Last Dividend | - Last Split | - IPO Date |
PT Atlas Resources Tbk is an established entity in the coal industry, with operations spanning from acquisition, exploration, development, production, to the sale of coal both within Indonesia and on an international scale. Founded in 2007 and headquartered in Jakarta Selatan, Indonesia, the company has carved out a significant presence through its diversified interests that encompass a broad spectrum of activities beyond its primary coal business. These embrace trading, services, construction, transportation, workshop operations, printing, investment, logistics, industry, and agricultural pursuits. Through its various mining concessions spread across Indonesia, PT Atlas Resources Tbk has positioned itself as a key player in the coal sector, catering to a wide range of industries with its high-calorie and metallurgical coal offerings.
PT Atlas Resources Tbk produces high-calorie coal, which is primarily used in power generation. This type of coal is prized for its higher energy content, making it an efficient fuel for producing electricity in power plants.
The company also specializes in the production of metallurgical coal, an essential component for steel production. Metallurgical coal differs from thermal coal in that it is used to create coke, which is a necessary element in the steel-making process.
PT Atlas Resources Tbk holds various mining concessions throughout Indonesia, which are integral to its operations. These concessions enable the company to explore, develop, and produce coal, securing its supply for domestic and international markets.
Apart from its core mining activities, PT Atlas Resources engages in trading, offering a range of services related to the coal industry and beyond. This diversification allows the company to leverage its expertise and networks in bringing additional value to its stakeholders.
The company extends its operations to construction and transportation, providing critical infrastructure and logistics solutions necessary for effective mining operations and the broader market.
Workshop operations and printing services represent another facet of PT Atlas Resources Tbk’s diversified portfolio, showcasing its capabilities beyond mining, trading, and logistics.
Further demonstrating its diverse interests, PT Atlas Resources Tbk is also involved in investment, logistics, industrial activities, and agriculture. These sectors complement its primary operations and reflect the company’s commitment to growth and sustainability in various domains.