"Saksikan tayangan kami Official Youtube IDX Channel di Program 2nd Session Closing, Kamis (03/10/2024) dangan Tema CUAN Mulai Produksi Batu Bara Metalurgi."
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00:00We move on to the information requested by the audience, still from the Rayogo Pangestu Group stock, where PT Petrindo has successfully created TBK or Cuan through which the company has started the production process of metallurgical coal or Cooking Coal.
00:13The step will add diversification of Petrindo products, which previously only produced thermal coal or Steam Coal.
00:21Quoted from the information of the Indonesia Faction, PT Petrindo has successfully created TBK or Cuan.
00:33According to the strategy of Petrindo's business development through the subsidiary of PT Multitambang Jaya Utama or MUTU and PT Daya Bumindok Karunia or DBK, by starting the production of metallurgical coal.
00:48Multitambang is currently operating the current operational area by starting the production of metallurgical coal since August last year, with the first shipment to buyers in September.
01:00Meanwhile, Daya Bumindok will start the first cut process this year with a commercial production projection in 2025.
01:08Metallurgical coal is a raw material used for the production process of cooking coal, one of the main materials used for the iron and steel mining industry.
01:19PT Petrindo's CEO, Daniel Laurenti said, there are not many metallurgical coal producers in Indonesia.
01:27With the diversification of this product portfolio, it will add to Petrindo's competitive advantage as one of the coal processing industry industries.
01:37Previously, Petrindo had completed the acquisition of PT Multitambang Jaya Utama in early 2024 by becoming a fundamental component of the long-term investment strategy.
01:48Multitambang's acquisition allows investors to increase operational efficiency more efficiently by integrating operations and strengthening investors' business portfolios in the field of high-calorie thermal coal and metallurgical coal.
02:05Various sources, IDX Channel
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