- CEO
- Welly Thomas
- Full Time Employees
- 83
- Sector
- Non-energy minerals
- Industry
- Other metals/Minerals
- Address
- Graha BIP 2nd Floor Jakarta JK Indonesia 12930
- IPO Date
- Aug 10, 2020
- Business
- PT Sumber Global Energy Tbk (SGER.JK) operates as an integrated energy company focused on coal mining, trading, and related services in Indonesia. The company produces thermal coal from its mining concessions in South Sumatra and South Kalimantan, offering various coal grades including low-ash and high-calorific value products; it also provides coal trading, logistics, and hauling services to domestic power plants and export markets. Founded in 2006 and headquartered in Jakarta, Indonesia, Sumber Global Energy serves utility companies, industrial users, and international buyers primarily in Asia-Pacific regions such as China, India, and the Philippines.
Its core offerings encompass upstream mining operations with an annual production capacity exceeding 5 million metric tons; midstream activities including port handling and transshipment; and downstream trading through subsidiaries like PT Sumber Global Mining and PT Sumber Jaya Energy. The company maintains strategic mining contracts with state-owned utilities like PT PLN (Persero) and exports via dedicated coal terminals. Geographically, operations are concentrated in Indonesia's key coal-producing provinces, with sales extending to Southeast Asia and beyond.
In recent developments, PT Sumber Global Energy Tbk listed on the Indonesia Stock Exchange in October 2024 through an initial public offering, raising approximately IDR 2.46 trillion to fund mining expansions and debt repayment. The company formed a strategic partnership with PT Bukit Asam Tbk in 2025 for joint coal exploration in new blocks, enhancing its reserve base. Additionally, it launched a new high-rank coal product line in mid-2025 targeting premium export markets and acquired a 51% stake in a Kalimantan-based logistics firm to optimize supply chain efficiency.