PT Adaro Minerals Indonesia Tbk

📍 South Jakarta, Indonesia🗓 Founded 2007👥 387 employees💰 Last funded Nov 2022
PT Adaro Minerals Indonesia Tbk (“AMI”) (IDX: ADMR) was established as PT Jasapower Indonesia in 2007. It is a subsidiary of PT Adaro Energy Indonesia Tbk, a well-known Indonesian mining and energy group with extensive end-to-end supply chain. AMI is intended to be the center of Adaro Group’s non-coal mineral assets, mineral processing businesses, and metallurgical coal businesses. Through its subsidiaries, AMI holds five Coal Contract of Work (CCoW) concession areas with large metallurgical coal resources and reserves in East Kalimantan and Central Kalimantan. Its metallurgical coal product is branded as "Enviromet", which has been warmly welcomed and known by most steel producers in the global market. AMI has also ventured into mineral processing operations as part of Adaro Group’s transformation into green business. Through its subsidiary PT Kalimantan Aluminium Industry, AMI has started construction of an aluminum smelter in the worlds largest green industrial area located in North Kalimantan. At its initial stage, this project is expected to produce aluminum ingot of around 500,000 tons/year, with plans to expand to 1.5 million tons per year at full capacity. The mineral processing segment is part of the company’s initiative to both contribute to and capture the opportunities from Indonesia’s green economy being massively developed by the government.
2
Total investors
0
Early stage
0
Mid stage
0
Late stage
2007
Founded
Investor geography1 country
Indonesia
2
Frequently asked questions
Who invested in PT Adaro Minerals Indonesia Tbk?
PT Adaro Minerals Indonesia Tbk has 2 investors on record on gritt.io.
When did PT Adaro Minerals Indonesia Tbk last raise funding?
The most recent investment in PT Adaro Minerals Indonesia Tbk recorded on gritt.io was in November 2022.
When was PT Adaro Minerals Indonesia Tbk founded?
PT Adaro Minerals Indonesia Tbk was founded in 2007.
What industry is PT Adaro Minerals Indonesia Tbk in?
PT Adaro Minerals Indonesia Tbk operates in Mining. Find similar Mining investors on gritt.io.
Where is PT Adaro Minerals Indonesia Tbk based?
PT Adaro Minerals Indonesia Tbk is headquartered in South Jakarta, Indonesia.