AGE aims to double coal trading volume in 2025

By Lambok Dominikus

Coal trader PT Andamas Global Energi (AGE), a subsidiary of the Andamas Group, aims to double its coal trading volume to 2 million tonnes in 2025 with coal to be sourced primarily from mines located in Lahat Regency, South Kalimantan Province.

Andamas Group President Director Muhammad Puri Andamas said in a recent statement that this year the company is targeting a coal trading volume of 1 million tonnes, up from 600,000 tonnes last year.

The company started its coal trading business last year, supplying coal with CV of 3,800-4,000 kcal/kg (GAR) to domestic and overseas buyers.  The coal was sourced from coal miner PT Banjarsari Pribumi and transported in collaboration with coal logistics firm PT Titan Infra Energy, which operates hauling road in South Sumatra.  

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“In 2023, we’re committed to sell 1 million tonnes of coal, and (to increase to) 2 million tonnes in 2025,” he said.

AGE’s domestic customers include PT Kemilau Sukses Abadi, PT Optima Inti Sinergi, PT Bara Pagmer Jaya, PT Musim Mas, PT Pindo Delo Pulp dan PT Intibenua Perkasatama.

Overseas customers include Inter United Enterprises Pte Ltd, Fuzhou Xindian Fuel Co Ltd, Guangdong Fuel Co Ltd, Wel-Hunt International Pte Ltd, and Starport Trading and Development Ltd.

Andamas was set up in 2008, initially as a coal mining contractor, providing services for coal miners in Lahat Regency.

Editing by Reiner Simanjuntak

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