Focusing on the coal mining business, SMM has been a foreign investment company since 2007. On March 23, 2017, PT United Tractors, Tbk. (UNTR) and PT Pamapersada Nusantara through its subsidiary, PT Tuah Turangga Agung (TTA), has officially acquired 80.1% of its shares. With this acquisition, SMM expands its mine ownership in Indonesia. The company’s current owners are TTA by 80.1% of shares and ICRA SMM Pty. Ltd. by 19.9% of shares.
SMM’s mining area in Barito Utara Regency, Central Kalimantan spans a total area of 23,940 Ha, consisted of four mining blocks: Sekako, Lemo, Pendreh and Mosak.
SMM produces coking coals, also known as metallurgical coals, which are used to make cokes, the essential ingredients for steel production. In 2019 SMM had succeeded in producing 2.3 Mio tons of coking coals, making it one of the biggest coking coal producers in Indonesia. To appeal to international markets, Turangga Resources established a Singapore-based subsidiary company, Cipta Coal Trading Pte. Ltd. The subsidiary is responsible for marketing SMM's coal products globally and directly to users. Below are the specifications of SMM’s coal products.
Pamapersada II Building, 3rd Floor
Rawagelam I No.9, JIEP
East Jakarta 13930 – Indonesia
Phone: (62-21) 29832091 ext. 143
Fax: (62-21) 6512058
Central Teweh,
North Barito, Central Kalimantan
Pamapersada II Building, 3rd Floor
Rawagelam I No.9, JIEP, East Jakarta 13930 - Indonesia
