- CEO
- Khoirudin
- Full Time Employees
- 564
- Sector
- Energy minerals
- Industry
- Coal
- Address
- Graha Baramulti Jakarta Pusat JK Indonesia 10130
- IPO Date
- Jul 10, 2014
- Business
- PT Mitrabara Adiperdana Tbk engages in coal mining, trading, and industrial services as an Indonesia-based company and member of the Baramulti Group. Founded in 1992 and headquartered in Jakarta Pusat, the company produces medium calorific value coal with low ash and sulfur content from operations in Malinau Regency, North Kalimantan; it markets approximately 95% of its output to international customers including South Korea, China, the Philippines, Japan, Singapore, Vietnam, India, Pakistan, Poland, Bangladesh, New Zealand, and Switzerland. Through subsidiaries, it operates biomass power plants, provides management and plantation services, shrimp farming, mining support including overburden removal and equipment provision, coal drying, construction, and general trading encompassing domestic, inter-island, export, import, wholesale, supply, and distribution activities.
The company listed on the Indonesia Stock Exchange in 2014 under ticker MBAP.JK, utilizing IPO proceeds to expand port facilities and coal handling infrastructure; production commenced in 2008 with integrated upstream-to-downstream operations supporting up to 4 million tons annually by 2016. Recent developments include stable coal profits driving non-mining sector growth as of May 2025, inauguration of a rooftop solar power plant in Majalengka with partners Shoetown Ligung Indonesia and Masdar in May 2025, cancellation of a 95% acquisition in PT Cipta Tenaga Surya from parent PT Wahana Sentosa Cemerlang, and sustainability innovations such as Palutung rice cultivation from mining wastewater sludge in 2023-2024, earning PROPER Green Leadership status and KLHK recognition for 2024. It maintains 778 employees and focuses on environmentally friendly coal attractive to premium markets while advancing renewable energy and waste-to-resource initiatives.