Indonesian Political, Business & Finance News

PTBA Targets 50 Million Tonnes of Coal Production in 2026

| | Source: KOMPAS Translated from Indonesian | Energy
PTBA Targets 50 Million Tonnes of Coal Production in 2026
Image: KOMPAS

JAKARTA, KOMPAS.com - PT Bukit Asam Tbk (PTBA) is targeting coal production of around 50 million tonnes in 2026. This target represents a 5.93 per cent increase compared to the 2025 production realisation of 47.2 million tonnes.

PTBA’s President Director, Arsal Ismail, stated that the target was set following the company’s receipt of approval for its 2026 Work Plan and Budget (RKAB) on 6 March. The government did not reduce the production volume previously proposed by the company.

“Entering 2026, we remain optimistic. Based on the 2026 RKAB, we are targeting a production volume of around 50 million tonnes,” Arsal said during a press conference on Monday (6/4/2026).

In 2025, the company successfully increased its production volume by 9 per cent to 47.2 million tonnes and recorded a 6 per cent rise in sales volume to 45.4 million tonnes.

Arsal assessed that these achievements on both the upstream and downstream sides reflect the success of the company’s adaptive strategy in maintaining energy supply continuity, both for domestic needs and the international market.

PTBA allocated 54 per cent of total sales to the domestic market. Additionally, PTBA expanded and diversified its global market, recording a 46 per cent export share.

In addition to strengthening its position in Asian countries such as Bangladesh, India, Vietnam, South Korea, and the Philippines, PTBA also penetrated new markets in Europe, namely Spain and Romania.

“2025 was proof of our operational resilience. Despite an average selling price correction due to a 22 per cent decline in the Newcastle index, PTBA was able to respond to these challenges with improved operational efficiency and expansion of its global market share,” he explained.

The decline in PTBA’s consolidated net profit in 2025 was caused by global commodity pressures, particularly coal prices during that period.

According to him, although profitability faced pressure from global prices, PTBA showed promising quarterly recovery. This was supported by a solid financial position, marked by a 24 per cent increase in operating cash flow to Rp 6.26 trillion.

Asset growth rose to Rp 43.92 trillion, driven by the addition of strategic fixed assets. Capital expenditure (Capex) realisation of Rp 4.55 trillion was focused on long-term infrastructure development, including the Tanjung Enim - Kramasan coal transportation project.

Minister of Energy and Mineral Resources Bahlil Lahadalia stated that this policy will be taken in a measured manner to maintain market balance.

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