Alamtri Minerals Indonesia, ID1000165608

Alamtri issues IDR 2 trillion bonds. Alamtri Minerals stock holds IDR 47.6 trillion value

Published on 10/16/2026 at 09:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Alamtri Minerals allocated 92.00 percent of bond proceeds to capital spending. Alamtri Minerals stock has 99.99 percent subsidiary ownership.

Funding and operating scale

Maruwai Coal listed IDR 2.0 trillion of bonds on October 12, 2026.
Alamtri Minerals recorded USD 583.88 million in first-half 2026 revenue.
Alamtri Minerals had an IDR 47.6 trillion market capitalization as of October 16, 2026.

Alamtri Minerals Indonesia, ID1000165608, Illustration mit AI erstellt.

Alamtri Minerals Indonesia (ISIN ID1000165608) disclosed that its subsidiary Maruwai Coal issued IDR 2.0 trillion of bonds, with 92.00 percent of proceeds allocated to capital spending. EmitenNews reported the disclosure on October 15, 2026, citing the October 14, 2026 company statement.

The financing strengthens the operating base for metallurgical coal and adds consolidated financial obligations. The company describes its business as metallurgical coal mining and mineral processing, including an aluminum smelter project in North Kalimantan, according to Alamtri Minerals.

Three dated financing steps

On October 7, 2026, a market overview cited first-half 2026 revenue of USD 583.88 million and net income of USD 174.18 million for Alamtri Minerals, according to Simply Wall St. On October 12, 2026, Maruwai Coal listed the IDR 2.0 trillion bond on the Indonesia Stock Exchange, as IDXChannel reported on October 14, 2026. On October 14, 2026, company information said 81.00 percent of the capital-spending allocation would fund the CHPP 2 facility in Murung Raya, according to EmitenNews.

What does the bond mean for funding?

The structure gives Maruwai Coal two funding maturities: a Series A bond of IDR 1.21 trillion with an 8.00 percent coupon and a 370-day tenor, plus a Series B bond of IDR 780.20 billion with an 8.75 percent coupon and a three-year tenor. The allocation favors infrastructure over working capital, making CHPP 2 the clearest operational use of the proceeds.

The financing also raises consolidated liabilities, while the company said the transaction was below 20.00 percent of equity and would not materially affect business continuity. That balance between expansion spending and additional obligations is the central issue for the stock after the disclosure.

Market value and exchange

Alamtri Minerals had a market capitalization of IDR 47.6 trillion as of October 16, 2026. The company is listed on the Indonesia Stock Exchange under ticker ADMR, giving the bond-funded expansion a direct public-market valuation context.