Press Release

Jakarta, October 20, 2025 – PT Bukit Asam Tbk (PTBA), a member of the MIND ID Mining Holding, has successfully recorded solid operational performance through the third quarter of 2025 amid the challenges of global market volatility. The company recorded growth in coal production, sales, and transportation volumes, in line with ongoing efforts to improve efficiency and optimize the supply chain across all operational lines.

By the end of September 2025, PTBA recorded a coal production volume of 35.90 million tons, an increase of 9% compared to the same period in 2024, which was 32.97 million tons. This production achievement was also driven by an increase in the contribution from its subsidiary engaged in mining services, PT Satria Bahana Sarana, which contributed 21% to the Company's total production. The realized stripping ratio for this period was recorded at 5.98 times.

In terms of coal sales, the volume was recorded at 33.70 million tons, an increase of 8% YoY from the realization of 31.28 million tons in the same period last year. Of these coal sales, 56% were absorbed by the domestic market and the rest was for export. This increase in sales performance shows that market demand for PTBA coal remains solid.

In line with increased production and sales, coal transport volume up to the third quarter of 2025 reached 30.02 million tons, up 8% from the same period in the previous year, which was 27.83 million tons. This increase was supported by supply chain optimization and continued strengthening of coordination and efficiency in the logistics sector.

The momentum of global coal commodity price recovery is also beginning to be seen through the strengthening trend of the ICI index from mid-Q3 to early Q4 2025. With this momentum, coupled with the foundation of sustained performance growth and efficiency, PTBA is optimistic that this solid operational achievement can reduce the pressure caused by the weakening of coal prices throughout the third quarter of 2025, while also serving as a positive foundation for improved financial performance until the end of the year.

This article was published on Blomberg Technoz