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Page 1 OCR 0.942
Aa BukitAsam &

Press Release

Development of Biomass from Red Kaliandra:
Bukit Asam (PTBA) Establishes Wood Pellet Pilot Plant

Muara Enim, October 28, 2024 - PT Bukit Asam Tbk (PTBA) launched a
Wood Pellet Pilot Plant using Red Kaliandra in Tanjung Enim, South Sumatra,
on Thursday, October 24, 2024.

The development of wood pellets, which will serve as a co-firing fuel with coal
in Coal-Fired Power Plants, is a continuation of PTBA's Red Kaliandra biomass
cultivation program that began in 2023. The pilot plant has a production
capacity of 200 kg per hour.

Hendra Gunawan, Director of Technical and Environmental Affairs for Mineral
and Coal at the Ministry of Energy and Mineral Resources, expressed
appreciation for PTBA for demonstrating strategic initiatives in carbon
management and emission reduction.

"With the launch of Bukit Asam's Wood Pellet Pilot Plant, we hope to inspire
more parties, especially in the mineral and coal subsector, to innovate in the
use of environmentally friendly energy. We wish for the Bukit Asam Wood
Pellet Pilot Plant to operate effectively and sustainably in the future," stated
Hendra Gunawan.

Arsal Ismail, President Director of PT Bukit Asam Tbk, stated that the
company is committed to supporting the energy transition to achieve the Net
Zero Emission target set by the government for 2060. One of the initiatives is
the development of wood pellets from Red Kaliandra.

“We envision becoming a world-class energy company that cares for the
environment. PTBA continues to transform to achieve this vision while
providing non-stop energy for the nation. The wood pellets from Red
Kaliandra are expected to become an environmentally friendly alternative
energy source," said Arsal Ismail.

He added that the establishment of the wood pellet plant also demonstrates
PTBA's commitment to supporting decarbonization in the mining industry.

“This initiative is expected to contribute to reducing carbon emissions in the
mining sector through the blending of biomass and coal,” Arsal stated.

The construction of the pilot plant, which focuses on renewable energy
innovation, is a collaborative effort between PTBA and Universitas
Pembangunan Nasional (UPN) Veteran Yogyakarta.

The launch of the Wood Pellet Pilot Plant was also attended by Dr. Sutarto,
MT, Vice Rector of UPN Veteran Yogyakarta: Dr. Eko Amiadji Julianto, MP,
Page 2 OCR 0.939
Aa BukitAsam &

Vice Dean of the Faculty of Agriculture at UPN Veteran Yogyakarta: and Dr.
Joko Susilo, MT, Head of the Energy and Mineral Study Center (PSME) at UPN
Veteran Yogyakarta.

--000000--

For further information, please contact:

Niko Chandra

Corporate Secretary

PT Bukit Asam Tbk
nchandra@bukitasam.co.id
www.ptba.co.id

Overview of PT Bukit Asam Tbk

PT Bukit Asam Tbk (PTBA), is a leading Indonesian state-owned mining company (BUMN) which is also a group of
MIND ID. PTBA was founded in 1981. The company's core business focuses on coal mining, processing and trading
PTBA operates several coal mines in Sumatra, producing various types of coal, including rare high-guality sub-
bituminous and bituminous coal. In 2002, PTBA became a public company and was listed on the Indonesian Stock
Exchange. With a commitment to sustainable practices and environmental responsibility, PTBA is developing its
energy portfolio by investing in renewable energy sources. This company plays an important role in maintaining the
stability of national energy security in terms of providing coal for both domestic power plants and export markets,
which contributes significantly to the energy sector and the Indonesian economy. PTBA is also a pioneer in ethical
standards by becoming the first state-owned company in the energy sector to implement ISO 37001:2016 Anti-
Bribery Management.

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Published28 Oct 2024
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Names mentioned 8 people and organisations named in the text · linked when the evidence is strong

linked org Bukit Asam Tbk p.1 ×16
linked person Arsal Ismail p.1 ×2
linked person Niko Chandra p.2
possible person Hendra Gunawan p.1 ×2
unresolved org Ministry of Energy and Mineral Resources p.1
unresolved person Dr. Sutarto p.1
unresolved person Dr. Eko Amiadji Julianto p.1
unresolved person Dr. Joko Susilo p.2

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