Pt Mitrabara Adiperdana Tbk (Indonesia)

PT Mitrabara Adiperdana Tbk, located in Jakarta, is an Indonesia-based company that was established on October 28th, 1992 as part of the Baramulti Group. The company focuses on coal mining business and has become one of the leading energy companies. PT Mitrabara Adiperdana Tbk is supported by an integrated infrastructure for upstream exploration to downstream activities. The company started coal production in 2008 and produces high-quality coal with medium calorific value (CV), which is in great demand in the international market due to its environmentally friendly characteristics. In 2014, the company conducted an initial public offering of its shares on the Indonesia Stock Exchange under the MBAP ticker. The proceeds from the offering were used to enhance the company's operations, such as developing port facilities and coal handling facilities. The company's core business includes conducting business in the mining sector, industrial sector, trading sector (including domestic trading, inter-island, export-import, wholesale trading, supplying, and distributing goods), and construction sector. PT Mitrabara Adiperdana Tbk partners with mining contractors responsible for overburden removal, transportation procurement, and provision of mining equipment, materials, and spare parts to support the company's coal production activities. The company's coal mines are located in the Regency of Malinau, Province of North Kalimantan. Its subsidiaries include PT Baradinamika Mudasukses, PT Mitra Malinau Energi, and PT Malinau Hijau Lestari.