PT Harum Energy Tbk (HRUM)

Overview

PT Harum Energy Tbk is an integrated energy company based in Jakarta Pusat, Indonesia, primarily engaged in the mining and processing of coal and nickel, alongside various logistics and service operations. Originally founded in 1995 as PT Asia Antrasit, the company underwent a name change to PT Harum Energy Tbk in November 2007, marking a significant step in its evolution. With a robust operational foundation spread across four key segments - Mining Sectors, Rental and Service Sectors, Nickel Smelter Sector, and Other Sectors, PT Harum Energy Tbk showcases a diversified approach in the energy sector. As a notable player in the industry, the company plays a pivotal role in the exploration, exploitation, and sale of coal and nickel deposits. Additionally, it has diversified its involvement in sectors such as coal shipping, rental of maritime equipment, and nickel refining. Being a subsidiary of PT Karunia Bara Perkasa further solidifies its standing and operational capabilities within the energy and mining landscape of Indonesia. The company's international reach, extending exports to countries such as China, South Korea, Japan, Taiwan, India, Bangladesh, Thailand, Cambodia, Vietnam, and the Netherlands, underscores its global relevance in the coal and nickel markets.

Products and Services

• Coal and Nickel Mining - The core of PT Harum Energy Tbk’s operations revolves around the general survey, exploration, exploitation, and subsequent sale of coal and nickel deposits. This segment underscores the company's role in securing vital raw materials that fuel various industries globally.
• Coal Shipping and Rental Services - Addressing the logistics demands of the mining sector, PT Harum Energy Tbk offers coal shipping services along with the rental of tugboats and barges. These services facilitate the efficient and safe transport of coal, highlighting the company's commitment to comprehensive logistical solutions.
• Coal Handling and Hauling Road Services - Beyond exploration and extraction, the company provides essential coal handling services and maintains hauling roads. This ensures that the coal reaches its destination in an efficient manner, showcasing the company's attention to operational excellence and safety.
• Nickel Refining - In the nickel smelter sector, PT Harum Energy Tbk is involved in the refining of nickel. This process is pivotal in producing high-quality nickel products that are suitable for various industrial applications, further diversifying the company's product offerings.
• Investment, Shipping, Trading, and Services in Coal and Nickel Mining - The portfolio extends into significant investments in the coal and nickel mining sectors, alongside activities in shipping, trading, and service provisions. These strategic investments and services support the growth and sustainability of PT Harum Energy Tbk’s core mining operations.