- Business
- PT Alamtri Resources Indonesia Tbk (ADRO.JK) operates as an integrated mining, minerals, and energy company primarily focused on metallurgical coal mining, mineral processing, mining services, and renewable energy businesses. The company produces premium metallurgical coal under the Enviromet brand through its subsidiary PT Alamtri Minerals Indonesia Tbk (ADMR), which holds five coal mining concession agreements in East Kalimantan and Central Kalimantan characterized by low ash, low phosphorus, and high vitrinite content suitable for steelmaking; it also engages in mineral processing including an aluminum smelter under construction in North Kalimantan with initial capacity of 500,000 tons annually via subsidiaries PT Kalimantan Aluminium Industry and PT Alamtri Indo Aluminium; mining services through PT Saptaindra Sejati encompassing mine planning, operations, equipment provision, construction, rentals, and repairs; renewable energy projects such as solar power plants in Central Kalimantan and hydropower developments in North Kalimantan via PT Alamtri Renewables Indonesia; as well as logistics, trading, power generation, and related activities including limestone mining through recent acquisitions like PT Bumi Alam Seraya. Operations center in Indonesia with coal concessions totaling 146,579 hectares, exports to markets including China, India, Korea, and Singapore, and a vertically integrated supply chain from pit to power extended into green minerals and downstream processing. Founded in 2004 and headquartered in Jakarta, the company changed its name from PT Adaro Energy Indonesia Tbk in November 2024 to reflect its strategic shift toward metallurgical coal and diversified minerals; recent developments include increasing its stake in ADMR to 84.105% via a February 2025 purchase of 109 million shares, acquisitions of PT Alam Tri Cakra Indonesia in 2023, PT Batuan Anugerah Semesta in 2023, and PT Bumi Alam Seraya in 2024 to enhance organizational efficiency and integrate rock mining, alongside advancements in the aluminum smelter targeting first pot operations by end-2025 in support of Indonesia's downstreaming policy.