Investor Presentaiton
Introduction
Bukit Asam
During the Dutch colonial
period, the first open-pit
at Airlaya mine, in
Tanjung Enim, South
Sumatera started
operating.
1919
Company's Key Milestones
Indonesia's Oldest and Most Experienced Coal Producer
PN TABA was converted
into a limited corporation
and its name changed to
PT Tambang Batubara
Bukit Asam (PTBA). This
date is officially
considered as the base of
the commemoration of
the company's
anniversary.
2 Mar 1981
PTBA was publicly listed
on the Jakarta Stock
Exchange with 35% of
shares held by the public.
It traded with the initial
stock price of IDR575
under the code PTBA.
1876
Coal Mine in Ombilin,
West Sumatera, started
in operation.
1950
The company changed
into an Indonesian state
owned company which
was called "PN Tambang
Arang Bukit Asam"
(TABA). PN is
abbreviation of
Perusahaan Negara,
means "State Company".
Subsidiaries:
Coal
Business
Coal Trading
Power
Generation
Logistic
Banko
Prima boi
Bukit Asam
23 Dec 2002
1990
CBM Gas
Another state owned coal
company, "Perusahaan
Umum Tambang
batubara" merged with
PT Bukit Asam (PTBA).
Since then, PTBA become
'the only state owned coal
mining in Indonesia.
During the period 1991-1995,
on the behalf of the Indonesian
government, PTBA acted as the
domestic coal regulator for Coal
Contract of Works (CCOW).
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