What is PT Indo Tambangraya Megah Tbk?
PT Indo Tambangraya Megah Tbk (ITM) is a coal mining and power company. ITM was established on the 2nd of September1987 and listed on the Jakarta Stock Exchange on the 18th of December 2008.
How many subsidiaries exist under ITM?
The company has five subsidiaries in which ITM has majority ownership. These subsidiaries are:
Where are ITM’s main coal markets?
In terms of sales 2009 the Company’s markets were:
Who are main shareholders of ITM?
As a public company, listed on the Indonesia Stock Exchange 26.28% of ITM is owned by public. Banpu Plc, which is listed on the Stock Exchange of Thailand, owns a majority of ITM through its subsidiary, Banpu Minerals Singapore Pte Ltd. Banpu Mineral Singapore owns 73.72% of ITM.
How large is your work area and current stated coal resources and reserves?
PT ITM Tbk has a total work area of 87,565 hectares. As of the 31st of January 2009, it estimated that Company’s coal resources is 1,675 million tons and reserves 312 million tons.
What type is produced by the company?
Low sulfur thermal coal with 5,300 – 7,300 kcal/kg.
How much is your total output and sales last year?
In 2009, the total production was as much as sales, that is, 21 million tons.