ITM has grown over more than 35 years to become one of a leading energy companies, committed to good, responsible mining and smarter, environmentally sustainable business.
2022
The establishment of a subsidiary specializing in solar rooftop business, PT Cahaya Power Indonesia.
2021
First shipment done by PT Energi Batubara Perkasa (EBP), one of ITM subsidiaries which operates coal trading business.
2020
ITM acquired 100% stake in PT Sentral Mutiara Energy (SME) and 75% stake in PT Graha Panca Karsa through its subsidiary, SME.
2019
The final acquisition of the remaining 30% stake in PT Tepian Indah Sukses, resulting in ITM’s 100% ownership of the entity.
Completion of 3-MW Solar Hybrid Plant in Bontang to supply electricity for IMM operations.
2018
ITM acquired PT Nusa Persada Resources with 100% ownership and PT Energi Batubara Resources with 100% ownership.
2017
ITM acquired PT Tepian Indah Sukses with 70% ownership and through its subsidiary, PT ITM Indonesia, acquired PT Gasemas with 75% ownership.
2016
ITM established a subsidiary, PT ITM Banpu Power, with 70% ownership.
2015
ITM established a subsidiary, PT ITM Energi Utama, with 99.99% ownership and PT ITM Batubara Utama, with 100% ownership.
2014
ITM established subsidiaries, PT ITM Indonesia and PT Tambang Raya Usaha Tama, with 100% ownership.
2010
Banpu Minerals (Singapore) Pte Ltd divested 8.72% of its shares to the public, retaining ownership of 65.00% with the remainder held by the public at less than 5% each.
2008
PT Centralink Wisesa International transferred its 73.72% ownership of the Company to Banpu Minerals (Singapore) Pte Ltd and the public portion was increased from 20% to 26.28%.
2007
ITM took over PT Jorong Barutama Greston and a minority stake of PT Trubaindo Coal Mining. After almost a year of preparations, the Initial Public Offering of ITM finally came to realization. 225,985,000 new shares equivalent to 20% of the total issued share were offered to the public at Rp14,000 per share.
2005
PT Trubaindo Coal Mining commenced its production stage.
2004
ITM acquired PT Bharinto Ekatama’s concession.
2003
ITM took over a minority stake in PT Indominco Mandiri.
2001
Banpu through PT Centralink Wisesa International acquired ITM and its subsidiaries.
1997
PT Indominco Mandiri started shipment through its permanent facility.
1996
First bulk shipment from PT Indominco Mandiri interim facility.
