The mining industry in Indonesia has grown exponentially in the past decade, so it should come as no surprise that there are many mining companies. There are more than 200. But some of them stand out from the pack, and this article will go over 9 of those top Indonesian mining companies.
We have compiled a list of the top 9 mining companies that operate in Indonesia.
Top Ten Multinational Company In Indonesia
Top Ten Mining Company in Indonesia
Indonesia is a country with one of the largest mining industries in Asia. It is home to the world’s second-largest copper mine and major coal mines. Indonesia also has significant nickel reserves, which PT Vale Indonesia Tbk mines. With over 23 billion barrels of proven oil reserves, it ranks among countries with the most petroleum resources. The top ten mining companies in Indonesia are discussed below:
1.Aneka Tambang Biggest Mining Company
Aneka Tambang company (PT. Anugrah Jaya Makmur) is a mining company based in Indonesia with the largest coal reserves in the country and one of the largest gold mines in Southeast Asia. The Company also operates nickel plants, refining facilities for lead-zinc and copper-smelting plants at its mining site on Sumatra Island. P.T. Aneka Tambang was founded by Indonesian businessman Benny Subianto who handed over management to his son Tommy Suhartono following his election to Vice President of Indonesia in 2014.
The number of employees it employs is more than 2500 people from various backgrounds such as geologists, engineers, and technicians with expertise ranging from engineering design through mining engineering and mining management.
In 1996, P.T. Aneka Tambang expanded its operation by constructing a nickel plant at Sampit Panorama Industrial Estate (Sampit) and copper smelting plants located in Jawa Barat.
| Industry: | Mining & Minerals Processing |
| Employees: | 2568 |
| Revenue Per Year (USD) | $27 billion USD |
| Founded | 1968 |
| Headquarters Location: | Jakarta |
| Website | https://www.antam.com/en |
2.Berau Coal Energy – Indonesian Mining Company
Berau Coal Energy is an Indonesian mining company that operates coal mines in Kalimantan. The Company’s current operations are located at Berau, South Kutai Timur, and East Kutai Barat districts.
The Company’s existing mining operations produce coal used to produce electricity and export to Asian countries. In 2018, Berau Coal Energy produced around 15 million tonnes of thermal coal, mainly from open-pit mining with an average calorific value ranging from 2100 – 2500 MJ/kg. The Company expects its total volume in 2019 to be about 16 million tonnes of thermal coal (2018: 15 Mt).
| Industry: | Mining |
| Employees: | 1700+ |
| Revenue Per Year (USD) | $11.57 billion |
| Founded | 1983 |
| Location | Headquarters: Jakarta, Indonesia |
| Website | https://www.beraucoalenergy.co.id/ |
3.Bumi Resources- Biggest Mining Company In Indonesia
The Company’s mining operations are located in the Kutai Basin and Central Kalimantan regions. The Group has coal reserves of more than 500 million tonnes with an average calorific value ranging from 2400 – 2500 MJ/kg at a production capacity of about 40,000 to 45,000 tonnes per day, along with a coking coal reserve of approximately 12 million tonnes. Bumi Resources’ mining operations produce thermal coal mainly for electricity generation while steel producers use its coking coal.
| Industry: | Mining |
| Founded | 1973 |
| Employees: | approx around 67 (2019) |
| Revenue Per Year (USD | US$ 4.653 billion (2019) |
| Location | Jakarta, Indonesia |
| Website | http://www.bumiresources.com/en |
4.PT Newmont Nusa Tenggara
P.T. Newmont Nusa Tenggara is a mining company owned by the American multinational corporation, Newmont Mining Corporation. PT NTN began its operations in 1993 with an exploration permit from the Indonesian government to explore gold and copper resources at Batu Hijau Mine on Sumbawa Island. It was granted a way of exploitation rights in 1996, before which it had obtained production permits for both gold and copper mining activities. Besides being one of Indonesia’s largest miners, PT NTN also exports minerals such as barite, hematite ores, and perlite found within its concession area.
| Industry: | Mining |
| Employees: | 3905 |
| Year Founded | 1992 |
| Revenue Per Year (USD | $2.21 billion |
| Location | Jakarta, Indonesia |
5.Thiess Contractors Indonesia
Thiess Contractors Indonesia is a mining company located in Indonesia. It operates various projects that include coal, copper, aluminum, and nickel mining. The majority of the workforce is composed of Indonesians with technical expertise coming from Australia and other nations worldwide.
The Company is active in mining coal and copper for export to Japan and aluminum production at its smelter located near Bandung. It has also invested significantly in nickel exploration projects on the island of Sulawesi.” “In 2018, it was reported that Thiess Contractors had secured a $100m contract with Indonesian state-owned mining firm PT Inalum for construction work at an alumina refinery plant.” Group companies include Dutch multinationals Heijmans and BAM International.
| Industry: | Mining |
| Employees: | 33,060 |
| Revenue Per Year (USD) | 1988 |
| Location | Jakarta, Indonesia |
| Website | https://www.thiess.com/ |
6.Adaro Energy Mining Company In Indonesia
Adaro Energy is an Indonesian mining company that produces coal from open-pit mines. It operates in Indonesia and Australia, with two major subsidiaries: PT Adaro Energi Internasional (AEI) and Australian Coal & Allied Industries Ltd.
The Company was established in 1982 and is one of Indonesia’s largest mining corporations. It operates more than 100 mines, mostly for open-pit mining of coal, copper, gold, and nickel.” “As of March 2018, it held a total market capitalization of around US$230 billion (IDR: 11 trillion) with its shares listed on the Jakarta Stock Exchange as well as Australia’s Australian Securities Exchange.”
| Industry: | Mining |
| Employees: | 23000 |
| Founded Year | 1982 |
| Revenue Per Year (USD) | USD 435 million (2019) |
| Location | Indonesia |
| Website | http://www.adaro.com/ |
7. Inalum Is The Biggest Mining Company in Indonesia
Inalum is a mining company in Indonesia, with headquarters located in Jakarta. The Company operates one of the world’s biggest nickel mines and has plans to extract many other metals such as copper, gold, zinc, and cobalt.
The Company was established on January 6, 1976, by Ciputra Group under PT Incoa Indonusa Tbk (PT II).” “It deals mainly with the extraction of minerals; exploration at the same time.”
| Industry: | Mining |
| Employees: | 2057(2018) |
| Founded | January 6, 1976 |
| Revenue Per Year | Rp 65.28 trillion (2018) |
| Head Quater | Batu Bara, North Sumatra |
| Website | https://www.inalum.id/id |
8.Indo Nickel Industry International Ltd.
Indo Nickel Industry is Indonesia’s biggest mining company, and it has mines in many different countries.
The Company’s headquarters are located in Jakarta, Indonesia, with branch offices in Malaysia (Kuala Lumpur) and Singapore. Indo Nickel is also a Kuala Lumpur Stock Exchange (KLSE; share code: INCO).
It deals mainly with the exploration and extraction of minerals such as nickel ore deposits that can be processed for metal production.
Indo Nickel Industry International Ltd., formerly known privately owned by Indonesian businessmen Clifford James Oppenheimer, born on June 11, 1916, died on November 26, 1979.” “In 1990, they founded PT IndoNic Iron & Steel Tbk under Ciputra Group.”
| Industry: | Mining |
| Employees: | 385 (2018) |
| Founded | December 20, 1991 |
| Revenue Per Year (USD | $75 million+ (2015) |
| Location | Jakarta, Indonesia; Kuala Lumpur, Malaysia; Singapore. |
9.PT Vale Indonesia Tbk
PT Vale Indonesia Tbk, formerly known as PT Inco Asia Pacific Mining, is a mining company operating in Indonesia. The Company’s operations include mining and beneficiating of nickel ore deposits for its use and export to other customers.
The Company operates six open-pit mines: three in East Kalimantan (South Kutai), one in South Sulawesi (Toraja), and two in North Maluku (Ambon). It also has a smelter located at Sidikalang sub-district, near Kutarayat, Brebes district Central Java which was commissioned on September 30, 2008.” “This smelter can produce around 400ktpa of nickel laterite alloy concentrate from the mines in East Kalimantan, South Sulawesi, and North Maluku.
The Company’s mining operations are run by PT Vale Indonesia Tbk subsidiary company named PT SMI Lestari (South Mamuju), which was established on September 30, 2008.” “In addition to the smelter located at Sidikalang sub-district near Kutarayat Brebes district Central Java, it has a service center for its mining operation called SMISUMI located at Nunukan Regency Northern Kalimantan.”
| Industry: | Mining |
| Employees: | ~1200 |
| Founded | July 25, 1968 |
| Revenue Per Year (USD) | USD 776.9 million (2018) |
| Location | Jakarta, Indonesia |
| Website | http://www.vale.com/indonesia/EN/Pages/default.aspx |
FAQ
1.Who is the biggest mining company in the world?
Answer: Vale
Vale was originally founded in 1942 but became a publicly traded company in 1999. The Company is now headquartered in Bradesco, and its current market cap sits at $28.3 billion U.S. dollars as of April 2016. In 2015, the Company generated sales of $48 billion U.S. dollars and employed 108,314 people across 160 countries around the world with assets totaling approximately $182 billion U.S. dollars.
2.What is mined in Indonesia?
Answer: coal, copper, nickel
Indonesia’s mining industry is one of the largest in the world. Coal, copper, and nickel are some of its main exports. In 2015 alone, Indonesia’s mining sector generated $14 billion U.S. dollars from exports which included over 50 million tons of coal worth at least $13 billion U.S. dollars exported to India alone for manufacturing steel products such as cars or appliances like refrigerators and washing machines.”
3.Which mining company has the best safety record?
Answer: Tambang Batubara Bukit Asam
4.How much do Indonesian mining companies mine every year?
Answer: Indonesia’s mining industry is one of the largest in the world. Coal, copper, and nickel are some of its main exports. In 2015 alone, the Indonesian mining sector generated $14 billion U.S. dollars from exports which included over 50 million tons of coal worth at least $13 billion U.S. dollars exported to India alone for manufacturing steel products such as cars or appliances like refrigerators and washing machines.”
Conclusion
This is the end of this section. Now you know which Indonesian mining companies are the best! We hope that you enjoyed reading our article and have learned a lot from it as well. Thank you for reading so far; we’ll see you next time!
