Company News: PT Berau Coal
Updated: 24 Feb 2010
PT. Berau Coal was established in 1983 and is a first generation Coal Contractor. It produces coal in berau area of ast Kalimantan within the conession awarded to the Company under the Cal Development Cooperation Contract system established by the Government of Indonesia.
PT. Berau Coal is a joint venture between PT. Armadian Tritunggal (51%) dan Rognar Holding B.V (39%), a Netherlands company and Sojitz Corp. (10%) a Japanese company.
Mission: We are in the business of transforming and upgrading natural resources into energy, to be useful to mankind in enhancing their quality of life, thereby earning the respect and trust of our stakeholders.
Vision: Berau Coal will be the global coal mining enterprise, recognized through-out the world as the most admired by customers, competitors, investors, employee and community. We will be the standard by which other business measure their performance. Our trademark will be the innovation, initiative and teamwork of our people and our ability to anticipate and effectively respond to change and to create opportunity.
- Jl. Pemuda No.40
- Tanjung Redeb 77311, Berau
- Kalimantan Timur
- PO BOX 114
Most Recent Company News
- ARMs gets approval to produce more - 29 Aug 2014 2:04pm
Asia Resource Minerals plc (ARMS), formerly Bumi plc, has received approval from Indonesia’s Ministry of Energy and Mineral Resources to expand coal output at its 85%-owned PT Berau Coal Tbk subsidiary this year Read more...
- Another twist in the tale - 16 May 2014 12:10pm
Asia Resource Minerals plc (ARM) (formerly Bumi plc) shareholders were just about ready to come out from hiding Read more...
- Re-focusing - 01 May 2014 12:42pm
Now Asia Resource Minerals plc (formerly Bumi plc) has cut ties with Indonesia’s Bakrie family and promised to return US$400 million to shareholders, it is casting its eye back over its Berau thermal coal operations in Indonesia. Read more...
- New name, familiar story - 18 Dec 2013 2:35pm
The Bumi plc saga moved to central London this week as shareholders of the company (now called Asia Resource Minerals plc) voted to cut ties with the Bakrie family and its lucrative, if risky, Indonesian assets. Read more...
- Bumi confirms funding for Tan’s deal - 29 Nov 2013 11:57am
Bumi plc received confirmation that chairman Samin Tan can fund the acquisition of the Bakrie family’s 23.8% stake in the London-listed coal miner. Read more...
- This week: 26/7/13 - 26 Jul 2013 12:20pm
A round up of this week in Finance news, Production news and statistics Read more...
- Bumi will sell back affiliate stake to the Bakrie Group - 19 Jul 2013 1:36pm
Indonesia-focused coal producer Bumi plc agreed to sell its 29.2% interest in affiliate, PT Bumi Resources Tbk, to the Bakrie Group for US$501 million, as it looked to end its relationship with the influential Jakarta-based family. Read more...
- Bumi agrees to sell Bumi Resources stake back to the Bakries - 18 Jul 2013 12:31pm
Indonesia-focused coal producer Bumi plc agreed to sell its 29.2% interest in affiliate, PT Bumi Resources Tbk to the Bakrie Group for US$501 million, as it looked to end its relationship with the influential Jakarta-based family. Read more...
- Bumi finalising US$500 million deal with Bakries - 12 Jul 2013 12:17pm
A new plan has emerged as part of a bid by Bumi plc to sever ties with influential Indonesian shareholder, the Bakrie family. Read more...
- Bumi posts loss and reveals Berau spend with ‘no clear business purpose’ - 07 Jun 2013 12:40pm
Indonesia-focused Bumi plc recorded a loss of US$2.4 billion in 2012 as it wrote off more than US$2 billion from stakes in affiliates PT Berau Coal Energy Tbk and PT Bumi Resources Tbk Read more...
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