ITM HISTORY

1987

Establishment of ITM

1995

Pre-production of PT Indominco Mandiri

1996

First bulk shipment from PT Indominco Mandiri interim facility

1997

PT Indominco Mandiri started shipment through its permanent facility

2001

Banpu through PT Centralink Wisesa International acquired ITM and its subsidiaries

2003

ITM took over the minority shares in PT Indominco Mandiri from other party and settled the offshore loan.

2004

ITM acquired PT Bharinto Ekatama concession

2005

PT Trubaindo Coal Mining commenced its production stage

2007

ITM took over PT Jorong Barutama Greston and the minority share of PT Trubaindo Coal Mining from other party.

After  almost  a  year  of  preparations,  the  Initial Public Offering of ITM finally came to realization.  A  225,985,000 new shares equivalent  to 20% of the total issued share were offered to public at Rp 14,000 per share. 

On the listing day December 18, 2007, at the Indonesia Stock Exchange, ITM shares trading was closed  at Rp 19,600 on the closing bell, it was equivalent to a 40% premium from the initial offering price. 

2008

Annual General Meeting of Shareholders (AGMS) & Extraordinary General Meeting of Shareholders (EGMS) held at the Dharmawangsa Hotel. (April 2008)

PT Indominco Mandiri, one of the subsidiary companies of ITM received a Second-Place Padma Award from the Ministry of Energy& Mineral Resources of the Republic of Indonesia, in honor of its community development program. (October 2008)

Distribution of first interim dividend for the first half performance to shareholders, in the amount of Rp344 per share. (October 2008)

Transfer of majority ownership in ITM from PT Centralink Wisesa International to Banpu Mineral (Singapore) Pte. Ltd. Following this transaction, the structure and composition of ITM shareholders resulted in Banpu Minerals (Singapore) Pte. Ltd holding 73.72% of the shares and public  26.28%. (November 2008)

Public Expose at the IDX Investor Summit, Ritz Carlton Hotel, Pacific Place, Jakarta. (November 2008)

Distribution of second interim dividend of Rp295 per share to the shareholders, for 3rd  quarter 2008 Company performance. (December 2008)

2009

PT Indominco Mandiri received the 2008 CSR Award in the Economy category from the Ministry of Social Affairs, in cooperation with the Corporate Forum for Community Development. (February 2009)

Annual and Extraordinary General Meeting of Shareholders held at Dharmawangsa Hotel, Jakarta. (April 2009)

Public Expose at Indonesia Stock Exchange, Jakarta. (May 2009)

Payment of Final Dividend amounting to Rp706 per share. (May 2009)

PT Indominco Mandiri received Total Productive Maintenance (TPM) Level 1 Certification and PT Kitadin (Tandung Mayang) received  TPM Level 2 Certification from CTPM Australia. (August 2009)

ITM participated in the 2009 Indonesian Mining Conference and Exhibition, under the theme of  “Mining Indonesia: Unlocking Mineral Potential”. (October 2009)

ITM received multiple Anugerah Business Review awards including First Best in Operations and Rising Star CEO. (November 2009)

Payment of Interim Dividend for 1st half of performance of 2009 amounting Rp 678 per share. (November 2009)

ITM took part in the Investor Summit & Capital Market Expo 2009 at the Ritz-Carlton Hotel, Pacific Place, Jakarta. (December 2009)

ITM through its subsidiaries PT Indominco Mandiri, PT Jorong Barutama Greston and PT Trubaindo Coal Mining received multiple awards for environment, health and safety from the Ministry of Energy and Mineral Resources. (December 2009)

2010

Annual General Meeting of Shareholders held at Dharmawangsa Hotel, Jakarta. (March 2010)

The Bontang Coal Terminal Expansion Project was completed in this month. (March 2010)

ITM won Investor Awards as the “Top Performing Listed Companies 2010 for the Basic and Primary Industry sector”. (May 2010)

Payment of 2009 Balance of Final Dividend amounting to Rp1,286 per share. (May 2010)

The Bontang Power Plant began operations. (June 2010)

PT Kitadin (Tandung Mayang) received TPM Level 3 Certification from CTPM Australia. (June 2010)

ITM received National Solidarity Awards including a Platinum Trophy for PT Jorong Barutama Greston Mine Head Pongsak Dejmark for his contribution to developing the community. (September 2010)

PT Indominco Mandiri, PT Jorong Barutama Greston and PT Trubaindo Coal Mining, PT Kitadin (Embalut) and PT Kitadin (Tandung Mayang) all received Environmental Management Rewards from the Ministry of Energy and Mineral Resources. (September 2010)

Payment of Interim Dividend for 1st half of 2010 amounting to Rp795 per share. (October 2010)

ITM received two GKPM awards from the Coordinating Ministry of Social Welfare in collaboration with Corporate Forum for Community  Development, for our work empowering communities. (October 2010)

PT Indominco Mandiri won a Gold Award at the International Convention on Quality Control Circles in Hyderabad, India. (October 2010)

PT Indominco Mandiri achieved Total Productive Maintenance (TPM) Level 2 Certification from CTPM Australia. (November 2010)

The second ITM Innovation Convention was held in Balikpapan. (November 2010)

The 10th Technical Meeting was held in Surabaya. (November 2010)

PT Indominco Mandiri, PT Jorong Barutama Greston, PT Kitadin (Embalut) and PT Trubaindo Coal Mining achieved PROPERNAS Blue Level for environmental compliance from the Ministry of Environment. (December 2010)