HomeADOOY • OTCMKTS
add
PT Alamtri Resources Indonesia Tbk Unsponsored ADR
Previous close
$6.00
Day range
$6.40 - $6.69
Year range
$4.53 - $15.50
Market cap
66.13T IDR
Avg Volume
2.64K
Market news
About
PT AlamTri Resources Tbk is an Indonesian coal mining company, the country's second-largest by production volume. In the 2023 Forbes Global 2000, Alamtri was ranked as the 1393th-largest public company in the world. The company is an Indonesian energy group that focuses on coal mining through subsidiaries. The principal mining location is at Tabalong district in South Kalimantan, where Alamtri operates the largest single-site coal mine in the southern hemisphere. AlamTri operates under a first-generation CCA with the Indonesian Government valid until 2022.
In 2016, Alamtri was clearing land in Central Java for a 2,000MW coal plant, after a delay for more than four years due to land acquisition issues. The construction of Indonesia's largest coal plant, into which Adaro invested $4.2 billion, began in June 2016.Adaro's strategy focuses on power generation as one of its "three pillars", besides coal exports and logistics. Wikipedia
Founded
Nov 2, 1982
Website
Employees
10,343