Berau Coal Energy
| Company type | Public IDX: BRAU |
|---|---|
| ISIN | ID1000116502  |
| Founded | 1983 |
| Headquarters | Jakarta, Indonesia |
Key people | Bob Kamandanu, President Commissioner Amir Sambodo, President Director |
| Revenue |  US$ 507 million (2012)[1] |
| Website | www.beraucoalenergy.co.id |
PT Berau Coal Energy Tbk is Indonesia's fifth largest coal producer.[1]
History
Berau Coal Energy was created in 1983, following the signing of a contract with the Indonesian government as sole mining contractor within the Berau regency of East Kalimantan. Production began in 1994.[2]
Production
Berau Coal operate three active mines (Lati, Sambarata and Binungan) at a single site in East Kalimantan. Estimated resources of about 2.6 billion tons, with probable and proven reserves estimated at 512 million tons (mt),[3] lie within a single concession of around 118,400 hectares.[4]
All three mines produce coking coal, using conventional open pit mining techniques,[2] primarily to supply the Chinese market.[1]
References
- ^ a b c Indonesia Investments Berau Coal Energy Retrieved February 2015
- ^ a b Indonesian Coal Book, 2004-2005, P52-55 Retrieved February 2015
- ^ Moody's Investors Service "Berau's proposed maturity extension of 2015 notes likely a distressed exchange" Retrieved February 2015
- ^ The Jakarta Post, Sept 2013, "Berau to invest $300m to boost production" Retrieved February 2015
External links
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