PT Bukit Asam Tbk (PTBA) is enhancing operational efficiency to sustain its positive performance within the MIND ID Mining BUMN Holding. Key initiatives include maintaining a favorable stripping ratio, optimizing hauling distances, and implementing eco-friendly mining technologies. The company’s first-quarter results for 2024 show a significant decrease in cash costs and a boost in production efficiency.
Key Points:
- Commitment to sustainable mining practices in line with environmental care goals.
- Stripping ratio improved from 7.1x in Q1 2023 to 6.3x in Q1 2024.
- Hauling distance reduced through the use of conveyors.
- PT Satria Bahana Sarana contributed 1.5 million tons (21% of total production), a 29% increase year-on-year.
- Eco Mechanized Mining Program introduced to replace fossil fuel equipment with electric alternatives.
- Q1 2024 cash costs decreased by 10% to IDR 867 thousand per ton compared to IDR 965 thousand in Q1 2023.
Image source: ANTARA FOTO/Nova Wahyudi
Source Link: https://www.cnnindonesia.com/ekonomi/20240627143644-625-1114897/ptba-perkuat-efisiensi-demi-jaga-kinerja-positif
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“PT. Bukit Asam Tbk (PTBA) is a user of SNCTechnologies’ MineLink Fleet Management system”.