Coal Mining

under

PT RANAH TIGO LUHAK

PT RANAH TIGO LUHAK is currently Gistrav Energy’s largest coal concession operation, which produces our flagship thermal coal product, Envirocoal, a sub-bituminous coal with medium calorific value (CV) and ultra-low pollutant content. The Envirocoal CV ranges from 4,000kcal/kg to 5,000kcal/kg and it is one of the cleanest coal available in the global seaborne thermal coal market. AI has 731 Mt of coal reserves and 3.3 Bt of coal resources. The company is vertically integrated, export-oriented, and diversified in mining.

PT RANAH TIGO LUHAK productivity was mainly affected by the unfavorable weather, labor and equipment supply constraint, the outbreak of COVID-19 and its impact, as well as the transition of contractors that occurred during the year. The company is vertically integrated, export-oriented, and diversified in mining. Despite the challenges, PT Ranah Tigo Luhak fulfilled all its commitments to customers. The company recorded solid profitability on the back of a positive coal price environment.

The company’s objectives are centered on increasing shareholder value. The company’s main objective is to enhance shareholder value by lowering costs while profitably expanding operations in a sustainable manner. The strategy maintains RANAH TIGO LUHAK core business of coal with a view to maximizing output in order to increase cash generation and lower unit costs.

As a mining company, Baru Energy realizes its operations have impacts on the surrounding environment and nearby communities. Environmental sustainability and community development are not viewed just as a responsibility, but also as risk management.