Berau Coal is the fifth largest coal producer in Indonesia. It engages in open cut mining of coal in its concession area in East Kalimantan, operating in three active mining areas – Lati, Binungan and Sambarata.
Berau Coal supplies coal to customers in Indonesia, China, Hong Kong, India, Japan, South Korea, Taiwan, the Philippines and Thailand. Berau Coal’s customers are mainly utility companies and coal trading companies.
Berau Coal completed an initial public offering and its shares were listed on the Indonesian Stock Exchange (“IDX”) in August 2010.
Annual coal mined (100% basis)
| Year | Coal mined (millions of tonnes) |
|---|---|
| 2008 | 13.1 |
| 2009 | 14.3 |
| 2010 | 17.4 |
| 2011 | 19.4 |
| 2012 | 21 |
| 2013 | 23.5 |
Financial information (Berau Coal Energy)*
| Year | Sales US$m | Operating profit for the year (US$m) |
|---|---|---|
| 2008 | 631 | 146 |
| 2009 | 800 | 291 |
| 2010 | 1,055 | 282** |
| 2011 | 1,657 | 527** |
| 2012 | 1,531 | 191 |
| 2013 | 1,425 | 207 |
*Indonesian GAAP
**Restated for the effects of other exceptional costs