Geo Energy Resources Limited (“Geo Energy”) is a major Indonesian coal producer with an established track record in operating coal mines, coal production, and selling coal throughout the region.
Geo Energy was established in 2008 and became a listed company on the Mainboard of the Singapore Stock Exchange in 2012, under the stock code: RE4, and is part of the Singapore FTSE-ST index.
The transition of Geo Energy to a coal producer that subcontracts its coal mining operations has allowed the Group to become a low-cost coal producer with high-quality coal mining assets, working in collaboration with world-class business partners.
Geo Energy assets portfolio including:
Coal Mining
Owns five coal mining concessions through its subsidiaries PT Sungai Danau Jaya (SDJ), PT Tanah Bumbu Resources (TBR), PT Bumi Enggang Khatulistiwa (BEK) and PT Surya Tambang Tolindo (STT) in Kalimantan, Indonesia, and PT Triaryani (TRA) in South Sumatra. The Group also owns a 49% equity stake in PT Internasional Prima Coal (IPC) in Kalimantan, Indonesia as a joint venture with PT Bukit Asam Tbk, a state-owned coal mining company and one of the largest coal producers in Indonesia.
Infrastructure
The Group owns PT Marga Bara Jaya (MBJ), a ready-for-development integrated infrastructure (hauling road and jetty) for handling coal logistics and transportation to the domestic and export markets.