PTBA recorded 16.4% net profit decline in 2024
02 Apr 2025 09:40
PTBA recorded a 16.41% decline in net profit to IDR5.1 trillion in 2024.
PTBA prepares humic acid pilot project
18 Dec 2024 14:03
PT Bukit Asam Tbk (PTBA) is preparing the pilot project to transform low-calorie coals into humic acid after launching a humic acid prototype at IUP Peranap, Riau, last week (12/12).
Bukit Asam targets coals sales to reach 43.1 million tons this year
27 Aug 2024 12:56
PT Bukit Asam Tbk (PTBA), a coal mining company under PT Mineral Industri Indonesia (Persero) or MIND ID, is targeting coals sales volume this year to reach 43.1 million tons.
Bukit Asam’s revenue up 4.14% in the first semester of 2024
01 Aug 2024 11:10
PT Bukit Asam Tbk (PTBA) booked revenue of USD 19.64 million throughout the first half (H1) of 2024, increasing 4.14% year-on-year (yoy) from the same period last year.
PTBA and BRIN start on processing coals for Li-ion battery materials
17 Jul 2024 20:17
PT Bukit Asam Tbk (PTBA), a part of state-owned mining holding (MIND ID), is starting a pilot project with National Research and Innovation Agency (BRIN) to convert coals to artificial graphite and anode sheet, two of raw materials of Lithium-ion (Li-ion) battery.
In need of funding, PTBA’s dividend payout ratio drops to 75%
13 May 2024 08:13
PT Bukit Asam Tbk (PTBA), a coal mining company under state-owned holding of mining companies, MIND ID, decided to only distribute IDR 4.57 trillion of cash dividend this year, or equal to 75% of 2023 net profit.