Company Profile

PT Alamtri Resources Indonesia Tbk (“AlamTri” or ” the Company”) was established in 2004 as an Indonesian limited-liability company PT Padang Karunia. Within the Company’s fast-paced development into one of the major contributors to the nation’s commercial ventures, in 2008 it went public through an initial public offering on Indonesia Stock Exchange (IDX) and adopted the name PT Adaro Energy Tbk, because the company envisioned to operate as an integrated coal-based mining and energy company that is the biggest and most efficient in Indonesia.

PT Adaro Energy Tbk and its subsidiaries then embarked on a journey to build a solid position within Indonesian mining and energy sectors through efficient and safe operations, and secured vertically integrated pit-to-power supply chain at last. To further solidify its pride and identity as an Indonesian company, in 2022 the Company proudly changed its name to PT Adaro Energy Indonesia Tbk.

Behind the success of growing a small mining company into a reputable, giant corporation is the determined, dedicated management personnel whose business acumen has secured a pivotal position within Indonesia’s business landscape. Their perseverance toward operational excellence, which also includes supply reliability amid all kinds of challenges, has crafted flagship products sought after in the global market. Their extensive experience in responding to the dynamic business environment has enabled them to expand the company, all the while ensuring to create sustainable value for all stakeholders, in particular the Company’s dedicated shareholders.

In 2024, the Company was ready to respond to the growing imperative: to contribute to something bigger, something greener. The management took a bold move to transform the Company by forgoing the thermal coal mining and its supporting operations, aiming to maximize value out of the natural resources in the land, water, and air of Indonesia by harnessing clean energy and producing essential minerals to support the nation’s green economy. The mission to maximize value from these three elements of the Indonesia’s abundant natural resources is the inspiration behind the Company’s new name PT Alamtri Resources Indonesia Tbk, which also signifies the commitment to supporting the green economy being massively developed in Indonesia as a contribution to securing a more sustainable future for the nation through renewable energy and more environmentally-friendly lifestyle.