Bukit Asam expands downstream projects while Bukit Asam stock costs EUR 0.16

Published on 10/13/2026 at 09:12 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bukit Asam reserved 1.145 billion tons for downstream projects. Bukit Asam stock was EUR 0.16 on October 13, 2026, with projects targeted for 2028 to 2031.

Bukit Asam is accelerating downstream coal projects targeting synthetic gas, methanol, soil conditioners and battery materials.
The company reserved 1.145 billion metric tons of coal for downstream processing and power infrastructure.
First-half 2026 net profit reached IDR 2.65 trillion, while revenue rose to IDR 22.03 trillion.
Bukit Asam stock was at EUR 0.16 at Lang & Schwarz on October 13, 2026, before the Xetra session.

Bukit Asam, ID1000094006, Illustration mit AI erstellt.

Bukit Asam expanded its downstream roadmap while Bukit Asam stock was at EUR 0.16 at Lang & Schwarz on October 13, 2026 at 9:06 a.m. CEST. Investortrust reported on October 13, 2026 that the company is moving beyond raw coal exports into synthetic natural gas, chemical feedstocks, agricultural products and battery materials.

Three milestones shape the pivot

On October 5, 2026, Bukit Asam reported first-half net profit of IDR 2.65 trillion, up 280 percent year over year, according to CNBC Indonesia. On October 8, 2026, the company targeted 50 million metric tons of coal production for 2026 after reaching 19.45 million metric tons in the first half, the same outlet reported. On October 13, 2026, Investortrust detailed the downstream plan, including a 2 million metric ton annual methanol project.

What changes by 2030?

The capital allocation is substantial: Bukit Asam set aside 1.145 billion metric tons of coal, with 842 million metric tons for coal-to-chemicals facilities and 303 million metric tons for dedicated power generation, according to Investortrust. The flagship project would consume 7.33 million metric tons of coal each year and produce 2 million metric tons of methanol.

Construction is targeted to begin in 2027, while commercial operation of the coal-to-methanol project is scheduled for the fourth quarter of 2030. A separate synthetic natural gas plant is designed for 237.5 billion British thermal units per day and would consume 9.78 million metric tons of coal annually.

Results strengthen the strategy

Bukit Asam's first-half 2026 revenue reached IDR 22.03 trillion, up 8 percent from IDR 20.46 trillion in the first half of 2025, while EBITDA reached IDR 4.27 trillion and the net profit margin was 12 percent, according to CNBC Indonesia. The contrast between revenue growth and the 280 percent profit increase points to operating leverage from higher average selling prices and cost control.

Execution remains the key variable. The company sold 21.10 million metric tons of coal in the first half, including 10.77 million metric tons domestically and 10.33 million metric tons through exports. Downstream projects could diversify earnings over time, but their 2027 to 2031 construction and commercial timetable places the immediate stock narrative on mining volume, margins and logistics.

Dates and market context

Bukit Asam's next dated milestones are construction targeted for 2027 and commercial operation of the coal-to-methanol project in the fourth quarter of 2030. The company also targets a 50 million metric ton production year in 2026, giving the market a nearer operating measure alongside the longer downstream plan.

Stock holds at EUR 0.16

The Bukit Asam quote was EUR 0.16 at Lang & Schwarz on October 13, 2026 at 9:06 a.m. CEST in the pre-market phase. The primary listing is on the Indonesia Stock Exchange, where the finance quote showed IDR 3,230 at 7:01 a.m. UTC on October 13, 2026.

The further course of trading is shown by the continuously updated real-time quote of Bukit Asam stock.