Using underground mining method, initial operation commenced in 1923 and lasted until 1940, while commercial production began in 1938.
When the Dutch Colonial period ended in Indonesia, the mining workers fought for the nationalization of the mines. In 1950, the Indonesian Government approved the establishment of State-Owned Bukit Asam Coal Mine or Perusahaan Negara Tambang Arang Bukit Asam (PN TABA).
In 1981, PN TABA converted its status to a limited liability company under the name of PT Tambang Batubara Bukit Asam (Persero) Tbk, further called the Company. To develop coal industry in Indonesia, in 1990 the Government merged Perum Tambang Batubara with the Company.
In line with the national energy security development program, in 1993 the Company was assigned by the Government to develop coal briquette business.
On December 23, 2002 the Company became a publicly listed company on the Indonesian Stock Exchange under the code of "PTBA".
Able to see far ahead and project in the long run in the business development.
Upholding the trustworthy, open, positive, honest, committed, and responsible behaviors.
Always working earnestly to gain new breakthroughs to make the best products and services.
Accomplishing all tasks according to competence, with creativity, bravery, full commitment, in the cooperation for increasingly improving skills.
Possessing high awareness in each activity management by running a business or applying maximum benefits and environmental care.
PT Batubara Bukit Kendi was formed in 1996 with 75% shareholding engaged in coal mining areas. Since 2010, the company is not operating due to IPPKH permit issue.
PT Bukit Pembangkit Innovative was formed in 2005 with 59.75% shareholding engaged in steam power plant which is currently under construction to build PLTU 2x110MW in Banjarsari, South of Sumatera.
PT Bukit Asam Prima is formed in 2007 with 99.99% shareholding engaged in coal trading. The company has operated since 2007.
PT Internasional Prima Coal was acquired by PTBA in 2008 with 51% shareholding engaged in coal mining in Samarinda, East of Kalimantan. The company has commercially started since 2010.
PT Bukit Asam Banko is formed in 2008 with 65% shareholding engaged in coal mining. The company has not started yet.
PT Bukit Asam Transpacific Railways is formed in 2008 with 10% shareholding engaged in coal transportation with train from Tanjung Enim to Lampung.
PT Huadian Bukit Asam Power is formed in 2011 with 45% shareholding engaged in steam power plant. Currently, the company is in development.
PT Bukit Asam Methana Enim is formed in 2007 with 99.99% shareholding engaged in methane gas mining. Currently, the company is in development.
PT Bukit Asam Metana Ombilin is formed in 2007 with 99.99% shareholding engaged in methane gas mining. The company has not started yet.
PT Bukit Asam Metana Peranap is formed in 2007 with 99.99% shareholding engaged in methane gas mining. The company has not started yet.
PT Bukit Multi Investama is formed on September 9, 2014 located on Gedung Menara Kadin Indonesia Lt. 9, Jl. HR Rasuna Said Blok X-5 Kav 2-3 Jakarta. The company specialized on general trade, services, printing, construction, industry, land transport, plantation and farming, management and property.
Jl. Parigi No.1
Tanjung Enim 31716