Atlas Resources
Atlas Resources is an Indonesian coal mining company. Since its establishment in 2007, it achieved business growth through acquisitions, explorations and development, with the initial focus on smaller scale regional coal concessions. At the start of 2014, Atlas Resources held a number of mining concessions covering a total area of more than 200,000 ha.
Profil
Industry Sector | Mining |
Industry Sub Sector | Coal Mining |
Established | 8 November 2007 |
Listed | 8 November 2008 |
Listed Company Code | ARII |
Listed Shares | 3,000,000,000 |
Dividend | No |
Major Shareholders (>5%) | Calorie Viva Utama (43.84%) Abdi Andre (15.75%) UBS AG Hong Kong (10.10%) |
Key Subsidiaries | Berau Bara Energi Kalbara Energi Pratama Papua Inti Energi Citra Global Artha Aquela Pratama Indonesia |
Komoditi Utama |
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Stock Quote Atlas Resources - ARII:
Business Summary
Atlas Resources engages in two main business activities. Firstly, the import & export of, and trade in, dense fuel sources, including coal, briquettes, refractory material, and associated business activities. Secondly, it is engaged in the transportation of coal, including the management and maintenance of transportation facilities to support coal mining activities and other related business activities.
In addition, the company also engages in a number of supporting activities, including the rental of equipment, vehicles, and other supporting infrastructure related to coal mining activities, and the provision of infrastructure to support mining activities, including renting equipment, vehicles, and other supporting infrastructure related to coal mining activities.
Atlas Resources' exploratory and production activities are conducted through six hubs:
• Kukar Hub, which consists of two mining concessions located in Kutai (East Kalimantan), covering a total area of almost 2,500 ha. This hub produces thermal coal, metallurgical coal and high calorie thermal coal.
• Berau Hub, which consists of four mining concessions located in the Berau district (East Kalimantan), covering a total area of nearly 20,000 ha. This hub produces thermal coal for exports to markets in Northern Asia.
• Kubar Hub, which consists of three mining concessions located in the West Kutai district (East Kalimantan), covering a total area of nearly 15,000 ha. This hub produces metallurgical coal and high-calorie thermal coal.
• Oku Hub, which consists of three concessions located in South Sumatra, covering a total area of 23,840 ha. This hub produces low-calorie steam coal in order to fulfil the demand of domestic market. powerplant and facility in India, Kores, China and others.
• Muba Hub, which consists of five concessions covering a total area of more than 41,000 ha in the Musi Rawas district and the Musi Banyuasin district (South Sumatra). This hub produces thermal coal in order to meet demand of new generation powerplants.
• Papua Hub, which consists of two concessions covering a total area of 100,000 ha. This hub is currently being developed for future activities.
Atlas Resources' Operational Highlights:
2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
Production Volume (tons) |
1,210,334 | 1,332,453 | 1,733,765 | 536,877 | 576,685 | 261,732 |
Sales Volume (tons) |
1,150,707 | 1,214,523 | 2,033,685 | 853,832 | 715,815 | 298,451 |
Average Selling Price (US$) |
75.87 | 78.41 | 56.38 | 44.80 | 39.59 | 37.78 |
Volume Overburden (BCM) |
14,150,166 | 15,159,886 | 18,811,193 | 4,415,635 | 4,472,112 | 1,222,088 |
Strip Ratio |
11.46:1 | 11.38:1 | 10.85:1 | 8.22:1 | 7.75:1 | 4.67:1 |
Source: Atlas Resources, Annual Report 2016
Atlas Resources' Financial Highlights:
2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
Net Sales | 65,246 | 91,052 | 97,240 | 114,712 | 38,468 | 28,342 | 11,641 |
Gross Profit | 8,974 | 27,135 | 16,566 | (2,406) | (9,069) | (7,741) | (9,313) |
Net Income (loss) |
1,273 | 2,468 | (11,150) | (10,774) | (24,618) | (25,922) | (25,482) |
Total Assets | 59,366 | 256,651 | 299,105 | 315,158 | 339,149 | 351,484 | 330,115 |
Total Liabilities | 35,651 | 100,842 | 154,799 | 183,181 | 231,793 | 269,491 | 273,848 |
Earnings per Share¹ |
- | 0.00147 | (0.00355) | (0.00361) | (0.00707) | (0.00838) | (0.00814) |
in thousand US dollar unless otherwise stated
¹ in US dollar
Source: Atlas Resources, Annual Report 2016
Lokasi
Detail Kontak
Jalan Jenderal Sudirman Kav. 45-46
South Jakarta - 12930
Phone: +62 21 719 3343
Fax: +62 21 717 92708
Email: corsec@atlas-coal.co.id
www.atlas-coal.co.id