AlamTri Resources

PT Alamtri Resources Indonesia Tbk
FormerlyAdaro Energy
Company typePublic
IDXADRO
ISINID1000111305 
IndustryCoal, Power Plant, Water, Logistics
Founded1982
HeadquartersTabalong, South Kalimantan, Indonesia
Key people
Garibaldi Thohir, CEO
Edwin Soeryadjaya, President Commissioner
Revenue USD 3.457 billion (2019)
USD 618 million (2019)
USD 435 million (2019)
Total assets USD 7.217 billion (2019)
Total equity USD 3.983 billion (2019)
Number of employees
23,000 (2019)
Subsidiaries
List
  • Adaro Indonesia
    Adaro Power
    Saptaindra Sejati
    Rehabilitasi Lingkungan Indonesia
    Adaro Logistics
    Maritim Barito Perkasa
    Makmur Sejahtera Wisesa
    Arindo Holdings
    Adaro Persada Mandiri
    IndoMet Coal
    Alam Tri Abadi
    Adaro Mining Technologies
    Padang Sejahtera
    Agri Multi Lestari
    Tanjung Power Indonesia
    Sarana Rekreasi Mandiri
    Rachindo Investments
    Dianlia Setyamukti
    Balangan Anugerah Semesta
    Puradika Bongkar Muat Makmur
    Harapan Bahtera Internusa
Websitewww.alamtri.com

PT AlamTri Resources Tbk (formerly known as Adaro Energy) is an Indonesian coal mining company, the country's second-largest by production volume. In the 2023 Forbes Global 2000, Alamtri was ranked as the 1393th-largest public company in the world. The company is an Indonesian energy group that focuses on coal mining through subsidiaries. The principal mining location is at Tabalong district in South Kalimantan, where Alamtri operates the largest single-site coal mine in the southern hemisphere (roughly 110,000 tons of coal per day, or 40 million tons a year). AlamTri operates under a first-generation CCA (coal co-operation agreement) with the Indonesian Government valid until 2022.

In 2016, Alamtri (then doing business as Adaro) was clearing land in Central Java for a 2,000MW coal plant, after a delay for more than four years due to land acquisition issues. The construction of Indonesia's largest coal plant, into which Adaro invested $4.2 billion, began in June 2016. Adaro's strategy focuses on power generation as one of its "three pillars", besides coal exports and logistics.

In 2023, the company invested in North Kalimantan, acquiring 15,000 Hectares of land to setup Kalimantan Industrial Park Indonesia (KIPI), which is the only fully green and sustainable industrial park in Indonesia. To power this industrial park, the company also invested in a 1,375 MW hydropowerplant, the Mentarang Induk Hydroelectric Power Plant, which is targeted to be operational by 2030.