PT Bukit Asam Tbk
MiningSouth Sumatra, Indonesia201-500 Employees
PT Bukit Asam Tbk (PTBA) is a state-owned coal mining company based in Muara Enim, South Sumatra, Indonesia. Founded in 1981, it ranks among Indonesia's largest coal producers, with domestic sales second in the market and a substantial resource base of about 8.27 billion tons of mineable coal reserves. The company aims to develop the national mining sector and pursue a broader energy position while prioritizing environmental considerations as part of its long-term vision. PTBA began trading publicly in 2002 on the Jakarta and Surabaya stock exchanges, with the state retaining a majority stake and public investors holding a minority share. In 2017, the company restructured from a state-owned persero to a non-persero entity, aligning with changes in the ownership framework under PT Inalum (Persero), and subsequently executed a 1-for-5 stock split to improve trading liquidity. In recent years, PTBA has received industry recognition for governance and mining practices, reflecting ongoing engagement with regulatory and public-interest standards.