{
    "success": true,
    "data": {
        "id": 1981377,
        "msgid": "ptba-chief-executive-open-about-coal-reserves-here-are-the-figures-1789476782",
        "date": "2026-09-15 19:00:05",
        "title": "PTBA Chief Executive Open About Coal Reserves, Here Are the Figures",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Mining",
        "summary": "PT Bukit Asam (PTBA) President Director Bambang Ismawan told the House of Representatives Commission XII that the state-owned miner holds coal resources of 5.71 billion tonnes and reserves of 2.88 billion tonnes. This represents only around 9% of national reserves, a situation he described as concerning given that PTBA is Indonesia's only state-owned coal company, ranking fifth in production. He also noted that PTBA has consistently exceeded its 25% domestic market obligation, fulfilling over 54% in recent years.",
        "content": "<p>Jakarta, CNBC Indonesia \u2013 President Director of PT Bukit Asam Tbk\n(PTBA), Bambang Ismawan, has revealed that the company\u2019s coal reserves\nremain relatively small, particularly when compared to total national\ncoal reserves.<\/p>\n<p>Bambang said that PTBA currently holds coal resources of 5.71 billion\ntonnes, while its reserves stand at 2.88 billion tonnes.<\/p>\n<p>\u201cAllow me to report that PT Bukit Asam currently holds coal resources\namounting to 5.71 billion tonnes and reserves of 2.88 billion tonnes,\u201d\nhe said during a hearing with Commission XII of the Indonesian House of\nRepresentatives on Tuesday (15\/9\/2026).<\/p>\n<p>According to him, compared with national reserves of approximately\n97.96 billion tonnes, PTBA\u2019s share of reserves is only around 9.01%.\nMeanwhile, PTBA\u2019s share of resources is said to be only around 5.83% of\nnational coal resources.<\/p>\n<p>\u201cFurthermore, its resources are even smaller, at just 5.83%. National\nreserves reach 97.96 billion tonnes, but those held by PT Bukit Asam are\nonly 5.71 billion tonnes,\u201d he said.<\/p>\n<p>Bambang considered the situation rather worrying, given that PTBA is\nthe only state-owned coal company. In terms of production, PTBA\ncurrently ranks fifth among the major coal companies.<\/p>\n<p>\u201cThe same applies to coal production. PT Bukit Asam is in fifth\nposition compared with similar companies. First is PT Bumi Resources,\nthen Adaro Indonesia, Bayan Group, Sinar Mas Group, and fifth is PT\nBukit Asam. So we are in fifth place,\u201d he explained.<\/p>\n<p>Beyond the reserve issue, he also highlighted the implementation of\ncoal sales for the domestic market obligation (DMO). Under the\nprevailing regulations, the DMO requirement is set at 25% of\nproduction.<\/p>\n<p>Nevertheless, PTBA is said to have consistently fulfilled its DMO\nwell above that requirement, even reaching more than 54%.<\/p>\n<p>\u201cIn 2025, as an illustration of the period from 2021 to 2025 as shown\nin the table, it has always been more than double the required 25%. And\nwe have tried to calculate how much profit declines because we exceed\nthe 25% threshold,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/ptba-chief-executive-open-about-coal-reserves-here-are-the-figures-1789476782",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}