Berau Coal is based in Indonesia and is majority-owned by PT Sinarindo Ekamulya, a subsidiary of the Sinar Mas Group.
Berau owns a 1,184 square kilometre mining concession area in the Berau Regency in East Kalimantan, Indonesia. The concession area is divided into three sites:
- Lati Mine
- Binungan Mine
- Sambarata Mine.
Berau also owns and operates six coal terminals. The company has undergone major ownership changes in recent years. It was originally owned by London-listed Bumi plc, which was partly owned by Nat Rothschild and the Bakrie family. Bumi plc later became Asia Resources Minerals and was taken over in 2015 by Asia Coal Energy Ventures, of the Sinar Mas Group and the Widjaja family.
Berau Coal Shareholders
|Investor||Ownership (%)||Filing Date|
|PT Sinarindo Ekamulya (Sinar Mas Group)||84.74||22 Dec 2016|
|Other Investors (unclear)||15.26|
PLEASE NOTE: Information comes from the companies’ available annual reports (2010 to 2014) and websites, as well as other public and subscription-based information sources.
Occasionally, where information is incomplete, assumptions must be made about data and these were made in a consistent manner and in good faith. While we endeavoured to gather and include all relevant deals, we cannot guarantee the completeness of the information presented.