8 Largest Coal Mines in Indonesia, from Sumatra to Papua

PTBA Corporate Secretary, Niko Chandra, explained that PTBA plans to increase sales volume this year.

The strategy is to optimize the domestic market while simultaneously capitalizing on export opportunities to countries with high growth potential.

7. PT INDIKA ENERGY TBK (INDY)

PT Indika Energy Tbk (INDY) actually reported a decline in annual coal production, in line with the company's efforts to diversify and reduce its dependence on the coal sector.

During the first half of 2024, INDY produced 14.9 million tons of coal, a slight decrease from 15 million tons in 2023.

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8. PT INDO TAMBANGRAYA MEGAH TBK (ITMG)

Another coal company, PT Indo Tambangraya Megah Tbk (ITMG), also recorded a 13.41% increase in production in the first half of 2024.

This company, part of the Banpu Group, achieved total production of 9.3 million tons, up from 8.2 million tons in the same period last year.

Coal Production in Indonesia

Coal production in Indonesia has continued to increase in recent years, reaching a record high of 775,182 tons in 2023. The following are statistics on the development of domestic coal production:

- 2020: Indonesian coal production reached 564 million tons

- 2021: Indonesian coal production reached 614 million tons

- 2022: Indonesian coal production reached 687 million tons

- 2023: Indonesian coal production reached 775,182 tons

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