PT Berau Coal, the main operating subsidiary of the Company (PT Berau Coal Energy Tbk), owns a 108,900 ha mining concession area.
PT Berau Coal Energy Tbk was established on September 7, 2005 under the name PT Risco to run businesses in trading, mining, plantation, construction, real estate, agriculture, printing, industry, transportation, and services. The Company then expanded its business activities and became an investment holding company by acquiring PT Armadian Tritunggal (Armadian) in 2006. Through this acquisition, the Company focuses its business activities in mining, which are fully operated by PT Berau Coal, a Subsidiary of Armadian.
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