PT MNC Energy Investments Tbk
Bronze Sponsors
Information
PT MNC Energy Investments Tbk is a public company listed on the Indonesia Stock Exchange with the stock code IA TA since September 13,2006.
In 2022, the Company’s main business activities are in the fields of Investment, holding companies and coal trading. The Company’s subsidiaries include a Company that has a coal mining concession located in Musi Banyuasin Regency, South Sumatra Province with a total mining concession area of 44,163 Ha and has an estimated total reserves of 286.2 million MT. Drilling activities continue to be carried out on IUPs that have not been fully explored, and reserves will increase if the results of ongoing exploration show coal findings.
The Company’s current coal production activities are obtained from the concessions of PT Putra Muba Coal (PMC), PT Indonesia Batu Prima Energi (IBPE) and PT Arthaco Prima Energi (APE). In 2024, total coal production will reach 4 million MT, the production target in 2027 will reach 8 million MT. Exploration and production activities continue to be increased in other concessions owned by the Company, namely PT Primaraya Energi (PE), PT Titan Prawira Sejahtera ( TPS) and PT Sriwijaya Energi Persada (SEP).
The Company also has a subsidiary, PT MNC lnfrastruktur Uta ma (MNCIU), which has business activities as a Mining Services Contractor and Coal Port Manager, which has operational activities in South Sumatra Province and East Kalimantan Province.
In 2022, the Company’s main business activities are in the fields of Investment, holding companies and coal trading. The Company’s subsidiaries include a Company that has a coal mining concession located in Musi Banyuasin Regency, South Sumatra Province with a total mining concession area of 44,163 Ha and has an estimated total reserves of 286.2 million MT. Drilling activities continue to be carried out on IUPs that have not been fully explored, and reserves will increase if the results of ongoing exploration show coal findings.
The Company’s current coal production activities are obtained from the concessions of PT Putra Muba Coal (PMC), PT Indonesia Batu Prima Energi (IBPE) and PT Arthaco Prima Energi (APE). In 2024, total coal production will reach 4 million MT, the production target in 2027 will reach 8 million MT. Exploration and production activities continue to be increased in other concessions owned by the Company, namely PT Primaraya Energi (PE), PT Titan Prawira Sejahtera ( TPS) and PT Sriwijaya Energi Persada (SEP).
The Company also has a subsidiary, PT MNC lnfrastruktur Uta ma (MNCIU), which has business activities as a Mining Services Contractor and Coal Port Manager, which has operational activities in South Sumatra Province and East Kalimantan Province.