Thermal Coal
Thermal Coal
The Company was incorporated under laws of Singapore with the aim to
establish itself as a prominent commodity company in the space of Energy.
The company is involved in Coal Trading activities. The company as
trader exports Indonesian non-coking coal to buyers in India, Vietnam,
Thailand, Malaysia & China. It has entered into coal offtake agreements
with reputed miners in different regions of Indonesia. The company has
achieved turnover of USD 87 million in 2021, USD 206 million in 2022 and
USD 164 million in 2023.
Considering the market trend in the global commodities market, it aims to
achieve turnover of USD 200 million in current year 2024.The company has
traded 4 million tonnes of coal in the last year 2023 and has planned to
sale 6 million tonnes in current year and aims to double its trading
capacity by the end of 2025. The Company aims to export coal to new emerging
markets like Sri Lanka, Bangladesh, Pakistan & Taiwan.
The current export is largely made from coal offtake from PT PESONA
KHATULISTIWA NUSANTARA (PT PKN) a mining asset in Tarakan Region of
North Kalimantan province and PT TRIMATA BENUA, a mining asset in
Sumatera region. The coal from these mines command high demand and price
premium in China & India market. PT BANGUN ENERGY INDONESIA (PT BEI)
located in Jambi province in Sumatera Indonesia giving best freight
advantage to destinations like India, Vietnam and China. The company
also procures & exports coal from prominent miners in other regions of
Indonesia on spot basis. It aims to export 7.0 million tonnes in current
fiscal year 2024 by ramping up coal lifting from PT PKN, PT BEI, PT BIB,
PT Trimata Benua & PT Tiwa Abadi (Bayan Group) to approx. 6 million
tonnes. The company ensures thorough due diligence on quality & quantity
to meet buyers’ satisfaction and maintain its reputation in the
international market.
Products:
Indonesian Steam Coal
We trade various grades of thermal coal of Indonesian origin ranging from – GAR 3200 kcal/kg to GAR 5000 kcal/kg. Below is the table of few specifications of coal traded by our company.
| Specifications as per ISO/ ASTM Standards | High Calorific Value | Medium Calorific Value | Medium Calorific Value | Medium Calorific Value | Low Calorific Value | Low Calorific Value | Low Calorific Value | |
| Gross Calorific Value | ARB | 5,000 Kcal /Kg | 4,200 Kcal /Kg | 4,000 Kcal /Kg | 3,800 Kcal /Kg | 3,500 Kcal /Kg | 3,400 Kcal /Kg | 3,200 Kcal /Kg |
| Net Calorific Value | ARB | 4,600 Kcal /Kg | 3,800 Kcal /Kg | 3,600 Kcal /Kg | 3,400 Kcal /Kg | 3,100 Kcal /Kg | 3,000 Kcal /Kg | 2,800 Kcal /Kg |
| Total Moisture | ARB | 20% | 36% | 39% | 43% | 44% | 44% | 46% |
| Inherent Moisture | ADB | 9% | 15% | 16% | 16% | 14% | 17% | 18% |
| Ash Content | ADB | 8% | 6% | 4% | 7% | 6% | 7% | 7% |
| Volatile Matter | ADB | 35-40% | 40-42% | 40-42% | 35-40% | 35-40% | 38-45% | 38-45% |
| Fixed Carbon | ADB | By Difference | By Difference | By Difference | By Difference | By Difference | By Difference | By Difference |
| Total Sulphur | ADB | 0.60% | 0.50% | 0.40% | 0.70% | 0.30% | 0.60% | 0.50% |
| HGI | 45-50 | 60 | 55 | 55 | 55 | 55 | 55 | |
| Size (0- 100mm) | 90% | 90% | 90% | 90% | 90% | 90% | 90% | |
Major Export Countries
Agro Energy Group’s growth has outnumbered from other new coal Mining and trading
companies operating in Indonesia region.
With the pace and growth rate Agro Energy
Group has established itself as a reputed organization in the Indonesian market with its
buyers and end users from different countries.
The Company has extended his arms by exporting coal to the different countries across the globe: -
- India
- China
- Taiwan
- Thailand
- Vietnam
- Malaysia
