Press Release

To improve performance throughout 2017 which still full of challenges, PT Bukit Asam (Persero) Tbk or PTBA held a Working Meeting (Meeting) on 12-13 January. In the working meeting discussed among other things the SOE Holding in the mining industry plans to uphold, and about world coal prices are not enough to ensure the achievement of the Company's financial performance.

President Director of PTBA Arviyan Arifin said, according to the revelation of a number of analysts, the increase in world coal prices are currently only situational, ie over the impact of the Chinese policy that limits production figures.

According Arviyan, at present, China again begun to increase production. It is estimated that, at the end of the first quarter of this year, the Chinese production back to normal levels and demand for coal in the world back down as before.

"The proof, this January, coal price dropped back sharply to US $ 80 per ton. In fact, many analysts see the downward trend in coal prices will last long," said Arviyan.

These challenges, further Arviyan, demanding consciousness of every man of PTBA to continuously improve performance.

Meanwhile, in the Meeting to evaluate the Company's performance throughout 2016, as well as the formulation of a work program and measures and strategies to improve the competence of the corporation in order to achieve performance targets determined by the Company throughout 2017.