So we do different diversification, so that the products we produce can be sold, in addition to meet the needs of the country,
Jakarta (Antara) – PT Bukit ASAM TBK (PTBA) said that the production objective and the sale of coal in 2025 have not changed the original plan, which remains 50 million tons, in the midst of the challenges of fluctuations in the worldwide coal prices.
“We have no plans to reduce the production and sales goals until June. Everything is still the same, we are still active,” said director of PTBA Arsal Ismail during a press conference after the AVA in Jakarta on Thursday.
Arsal said that the price of coal is currently falling compared to last year and not as previously expected in the early 2025. Trends of coal demand were registered as a result of the economic delay influenced by the tension of the United States (US) -China Trade War voltage.
Chinese economic conditions are still turbulent. Arsal noted that the coal demand from China weakened because of the reduced coal capacity used as raw materials in the country as raw materials.
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To note that China is one of the most important markets for the export of the Indonesian coal.
In response to this condition, Arsal said that PTBA implemented a diversification or expansion of the export market, such as Vietnam, Thailand, Zuid -Korea, in Japan.
“So we do different diversification, so that the products we produce can be sold, in addition to meeting the needs of the country,” he said.
Although the price of coal fell, Arsal added that PTBA also kept striving so that the production produced could still offer margins for the company.
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“When this trade war is completed, economic growth increases, we hope that prices can return to at least the same as last year. If now (coal prices) are even lower last year,” he said.
Regarding the part of the sale of PTBA coal, note Arsal, which is around 40-45 percent for exports and around 50-55 percent to meet domestic needs.
In its own country, PTBA has a long-term contract until the end of the year with PLN and cement and fertilizers companies, so there is an estimated significant problem for domestic sale.
For information, PTBA recorded an income of RP9.96 trillion in the first quarter of 2025. The net profit was registered on RP391.48 billion and EBITDA RP1.05 trillion in the same period.
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Reaching the net profit of PTBA was supported by the operational performance of the company during the first quarter of 2025. Moreover, export sales reached 5.09 million tons or 34 percent on an annual basis, while the domestic turnover of 5.19 million tons.
The total turnover in the first quarter of 2025 reached 10.28 million tons or grew by 7 percent on an annual basis (Year after year/Yoy).
Reporter: Rizka Khaerunnisa
Editor: Abdul Hakim Muhiddin
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