- Business
- PT Alamtri Resources Indonesia Tbk (Ticker: ADOOY), formerly PT Adaro Energy Indonesia Tbk, is an integrated mining and energy company focused on metallurgical coal mining, mineral processing, mining services, and renewable energy businesses; through its subsidiary PT Alamtri Minerals Indonesia Tbk (IDX: ADMR), it produces Enviromet-brand metallurgical coal from five concession areas in East and Central Kalimantan, characterized by low ash, low phosphorus, and high vitrinite for steelmaking; ADMR is developing an aluminum smelter in North Kalimantan to support mineral downstreaming; via PT Saptaindra Sejati (SIS), it provides comprehensive mining contracting services including planning, operations, equipment provision, construction, rentals, and repairs; PT Alamtri Renewables Indonesia develops solar power plants in Central Kalimantan and a 1.4 gigawatt hydropower plant in North Kalimantan; additional operations encompass coal trading, logistics, port services, power generation, quarrying, cargo handling, transportation, warehousing, agriculture, construction, seaport activities, machine repair, water treatment, forestry, metal processing, and electricity transmission and distribution, with exports to China, India, Korea, and Singapore. Founded in 2004 and headquartered in Jakarta, Indonesia, the company operates primarily in Indonesia with presence in Australia and Singapore. In November 2024, it changed its name from PT Adaro Energy Indonesia Tbk to PT Alamtri Resources Indonesia Tbk to emphasize green practices and energy transition; in 2024, it sold its thermal coal subsidiary PT Adaro Andalan Indonesia Tbk to refocus on metallurgical coal, minerals under AlamTri Geo, and renewables under AlamTri Eco for sustainable growth in the green economy.