Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
296
self-reported band not used
Founded
1981
45 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Public Company
self-reported
Description
PT Bukit Asam Tbk. (PTBA) is a state-owned company that aims to develop the national mining industry, particularly coal mining. Founded in 1981, the company is one of the five largest coal producers in Indonesia with its domestic sales rank second.
With mineable reserves of approximately 8,27 billion tons of the total coal reserves in Indonesia, PTBA strives to become a competitive energy company with a vision become a world-class energy company that cares about environment
As of December 23, 2002 PTBA became a public company by listing on the Jakarta and Surabaya stock exchanges. The public holds 34.98% of the shares and the state owns the remaining 65.02%.
On November 29, 2017 became a historical record for PTBA when organizing an Extraordinary General Meeting of Shareholders. The main agenda of PTBA includes three points. Approval of the change of company’s articles of association related change of the company’s status from “persero” to “non-persero” related with government regulation 47/2017 concern the increase of Indonesia Republic’s equity participation into PT Inalum (Persero), stock split nominal of share, and change the company’s board of directors.
With the change of ownership of the Republic Indonesia to PT Inalum (persero), those three companies are officialy become the holding member of Mining State – Owned Enterprise (BUMN), with inalum as its head.
PTBA has completed the stock split during the initial trading at Indonesia Stock Exchange, on December 14, 2017. The 1:5 stock split ratio was according to the decision of the Extraordinary General Meeting of Shareholders conducted on November 29, 2017. This corporate action was taken to increase the share trading liquidity on IDX and to expand the distribution of share ownership by reaching various layer of investors. The strong commitment from Bukit Asam to improve the performance is a fundamental factor of the corporate action.
Specialties
All 1 specialty
- Indonesia-State Owned Coal Mining Company
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | ID |
All codes: ID
Addresses
- IDParigi no.1; Tanjung Enim; Muara Enim , South Sumatera 31716Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
The people relation is never requested, so there is nothing here to unlock.
FAQ
How many people work at PT Bukit Asam Tbk?
296 counted staff profiles at January 2026. The brand's self-reported band sits above that count and is not published as a headcount.
Where does PT Bukit Asam Tbk have offices?
One address on record, Indonesia only. Primary: Parigi no.1, Tanjung Enim, Muara Enim, South Sumatera 31716.
Has PT Bukit Asam Tbk raised funding?
None linked to this brand.
What does PT Bukit Asam Tbk list as its specialties?
One tag on the brand's own list, among them Indonesia-State Owned Coal Mining Company.
Which companies are listed alongside PT Bukit Asam Tbk?
Ten peer profiles on record: PT ANTAM Tbk and PT Vale Indonesia Tbk.