- CEO
- Charles Antonny Melati
- Full Time Employees
- 383
- Sector
- Energy
- Industry
- Coal
- Address
- 8 Temasek Boulevard Singapore CE Singapore 018982
- IPO Date
- Mar 8, 2022
- Business
- Geo Energy Resources Limited (Ticker: GRYRF) operates as a coal mining and logistics company primarily focused on the production and distribution of thermal coal. The company mines and sells thermal coal from its PT Geo Energy Resources Mineco (PT GER Mineco) concession in Sumatra, Indonesia, which spans 15,969 hectares and produces coal with calorific values ranging from 4,200 to 4,800 kcal/kg; it also engages in coal trading, haulage, and transshipment services through subsidiaries including PT Geo Energy Logistics and PT Pasir Kuning. In addition, Geo Energy Resources provides coal mining support services such as heavy equipment rental and maintenance. [ from previous][ from previous]
Founded in 2008 and headquartered in Singapore, the company conducts all its operations in Indonesia, targeting domestic and export markets for thermal coal used in power generation and industrial applications. It serves utility companies, industrial users, and trading firms across Southeast Asia and beyond, with production centered in the Jambi province. Geo Energy Resources maintains a fleet for coal transportation and operates port facilities for efficient logistics. [ from previous][ from previous]
In recent developments, the company expanded production capacity at its Tabang mine through strategic investments in equipment and infrastructure during 2024, achieving higher output amid rising global coal demand. Geo Energy Resources secured a significant long-term coal supply agreement with a major Indonesian power utility in early 2025, bolstering revenue stability. Additionally, it announced plans for a new exploration block acquisition in Central Kalimantan in late 2024 to diversify its mining portfolio and support growth targets. [ from previous]