Profil PT Baramulti Suksessarana Tbk

Profil Perusahaan / Lembaga - PT. Baramulti Suksessarana, Tbk
Deskripsi Perusahaan / Kelembagaan

PT Baramulti Suksessarana Tbk (“BSSR”) was established in 1990, as a coal trading company and has since moved upstream to be a coal mining company.

There are 2 coal concessions in BSSR:

PT Antang Gunung Meratus (AGM), a 2nd generation Coal Contract of Work (CCOW), located in South Kalimantan

PT Antang Gunung Meratus (AGM), a 2nd generation Coal Contract of Work (CCOW), located in South Kalimantan. Located in South Kalimantan, Indonesia, near Rantau town, about 100km north-east of Banjarmasin, the capital city of South Kalimantan province. 2nd generation CCOW for 30 years starting July 1999 with royalty of 13.5% of sales. Total area: 22,433Ha. Current production capacity of 3mn tons with planned production capacity of 7mn tons by end-2014. AGM is divided into 6 blocks and the coal is marketed according to the block from which it is mined. AGM is currently mining in Block 3 South.

PT Baramulti Suksessarana (BSSR), an Izin Usaha Pertambangan (IUP), located in East Kalimantan.

Located in East Kalimantan, Indonesia, 25km south west concession area of Samarinda, the capital city of the province. IUP for 8 years starting 2010 with option of 2 x 10 years' extension and royalty of 3-7% of sales. Total area: 2,459.8 Ha. Commercial operation commenced in June 2011 with planned production capacity of 1.5mn tons by end-2014. BSSR is divided into 4 blocks and the coal is marketed according to the block from which it is mined. BSSR is currently mining in the Eastern Area (Bara 8).

Vision
To become one of Indonesia’s leading coal mining companies.

Mission
To contribute to the growth of  Indonesian economy.