Berau Coal Energy

PT Berau Coal Energy Tbk.
Public
IDX: BRAU
Founded 1983
Headquarters Jakarta, Indonesia
Key people

Bob Kamandanu, President Commissioner

Amir Sambodo, President Director
Revenue Increase 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

  1. 1 2 3 Indonesia Investments Berau Coal Energy Retrieved February 2015
  2. 1 2 Indonesian Coal Book, 2004-2005, P52-55 Retrieved February 2015
  3. ↑ Moody's Investors Service "Berau's proposed maturity extension of 2015 notes likely a distressed exchange" Retrieved February 2015
  4. ↑ The Jakarta Post, Sept 2013, "Berau to invest $300m to boost production" Retrieved February 2015


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