Harum Energy was established in 1995 under the name PT Asia Antrasit, which name was later changed to PT Harum Energy in 2007. Harum Energy listed its shares in the Indonesia Stock Exchange since October 6, 2010.
Harum Energy is engaged in holding company activities, investment activities, mining, trading, industrial and management consultancy activities. As a holding company, Harum Energy, through its subsidiaries and associated entities, operates a business portfolio of coal mining; nickel mining, processing and refining; as well as logistics.
A vertically integrated production chain is one of Harum Energy’s competitive advantage over other companies in similar industries which allow it to maintain operational efficiency and thrive in every commodity business cycle, both in domestic and international markets. This is supported by the availability and ownership of transport road network, processing facilities, loading ports, as well as fleet of tugboats and barges, which complement the operations carried out by the Company.
Since 2020, Harum Energy began a business transformation by diversifying into nickel mining as well as nickel processing and refining business. This business diversification is in line with the global energy transition effort where such effort is expected to maintain business stability and sustainability, thereby enhancing value for stakeholders. In implementing the strategy, Harum Energy established PT Tanito Harum Nickel in 2020 as a sub-holding entity for its nickel business portfolio, where the nickel mining, nickel processing and refining business is carried out through PT Tanito Harum Nickel’s direct subsidiaries. Harum Energy’s nickel business portfolio also benefits from its vertically integrated production chain, and support from the relatively close proximity of the nickel mining concession to the nickel processing and refining facilities.
Harum Energy has 8 direct subsidiaries, 6 indirect subsidiaries and 3 associated entities.
2023
Central Jakarta
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Investment
2023
Central Jakarta
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HNP is a limited liability company duly established in 2023 under the laws of the Republic of Indonesia and is engaged in investment activities. HNP’s investment is currently focused in the nickel mining, processing and refining business.
Deutsche Bank Building 9th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2004
Kutai,
North Samarinda,
East Kalimantan
20,380 Ha
Coal Mining
2004
Kutai,
North Samarinda,
East Kalimantan
20,380 Ha
MSJ is a limited liability company duly established in 1996 under the laws of the Republic of Indonesia and is engaged in the coal mining business. It is a party to 3rd Generation Coal Contract of Work (CCoW), which commenced its coal mining operations in 2004.
MSJ operation is supported by the relatively close proximity of the mine area and the processing facility with the approximate distance of 45 km. Coal barge loading through MSJ’s port in Separi can also be accessed via a special hauling road managed by MSJ.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80
Jakarta 10310
2008
Kutai,
North Samarinda,
East Kalimantan
14,210 Ha
Coal Mining
2008
Kutai,
North Samarinda,
East Kalimantan
14,210 Ha
SBB is a limited liability company duly established under the laws of the Republic of Indonesia in 1998 engaged in the coal mining business. It is a party to 3rd Generation Coal Contract of Work (CCoW), which commenced its coal mining operations in 2008.
SBB’s commercial operation was started in Separi block and currently, SBB carries out its mining operation in Uskap block.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2011
Gunung Timang,
Barito Utara,
Central Kalimantan
4,188 Ha
Coal Mining
2011
Gunung Timang,
Barito Utara,
Central Kalimantan
4,188 Ha
BKP is a limited liability company duly established in 2005 under the laws of the Republic of Indonesia and is engaged in the coal mining business. BKP carries out its coal mining business activities pursuant to its Mining Business License (IUP) Operation Production which was issued in 2009. HE acquired BKP in 2018 to become the majority shareholder in BKP.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2018
Marang Kayu,
Kutai Kartanegara,
East Kalimantan
2,662 Ha
Coal Mining
2018
Marang Kayu,
Kutai Kartanegara,
East Kalimantan
2,662 Ha
KUP is a limited liability company duly established in 2005 under the laws of the Republic of Indonesia and is engaged in the coal mining business. KUP carries out its coal mining business activities pursuant to its Mining Business License (IUP) Operation Production which was issued in 2010, with a mine area adjacent to MSJ and SBB' mine area. HE acquired shares in KUP in 2013 and became the holder of 50.5% shares in KUP.
KUP started its commercial coal mining operation in 2018.
2005
Samarinda Ulu,
Kota Samarinda,
East Kalimantan
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Shipping
2005
Samarinda Ulu,
Kota Samarinda,
East Kalimantan
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LLJ is a limited liability company duly established in 2004 under the laws of the Republic of Indonesia and is engaged in the shipping business. LLJ business activities includes various activities such as short ocean transport and river-to-ocean transport between Indonesian ports using different vessel types including tugboats and barges.
Jl. Jimbaran Blok 3A No. 1
Jakarta 11840
2009
British Virgin Islands
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Investment
2009
British Virgin Islands
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HEAL is a corporation duly established in 2009 under the laws of British Virgin Islands, which is engaged in investment activities.
Offshore Incorporations Centre
Road Town Tortola
British Virgin Island
PO Box 957
2020
Singapore
-
Investment
2020
Singapore
-
HACL is a corporation duly established in 2010 under the laws of the Republic of Singapore, which is engaged in investment activities.
6 Temasek Boulevard #09-05
Suntech Tower Four
Singapura 038986
2020
Central Jakarta
-
Investment
2020
Central Jakarta
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THN is a limited liability company duly established in 2020 under the laws of the Republic of Indonesia and is engaged in investment activities. THN's investment is currently focused at the nickel mining, processing and refining business.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2022
Central Jakarta
-
Investment
2022
Central Jakarta
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HNI is a limited liability corporation duly established in 2022 under the laws of the Republic of Indonesia and is engaged in investment activities. HNI's investment is currently focused in the nickel mining, processing and refining business.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2024
East Halmahera,
North Maluku
4,017 Ha
Nickel Ore Mining
2024
East Halmahera,
North Maluku
4,017 Ha
POS is a limited liability company duly established in 2017 under the laws of the Republic of Indonesia and is engaged in nickel ore mining business. POS has a license to develop a designated mining area in East Halmahera, North Maluku pursuant to a Mining Business Licence for Metal Mineral.
POS constitutes one of HE’s nickel business portfolio held through THN. THN acquired 51% shares in POS in 2021.
Deutsche Bank Building 8th Floor
Jl. Imam Bonjol No. 80, Jakarta 10310
2022
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
Nickel Processing & Refining
2022
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
IMI is a limited liability company duly established in 2022 under the laws of the Republic of Indonesia and is engaged in the nickel processing and refining business. IMI constitutes one of HE’s nickel business portfolio held through THN.
IMI owns and operates a nickel smelter located in the Indonesia Weda Bay Industrial Park, North Maluku Province consisting of 2 rotary kiln electric furnace lines with an installed annual production capacity of 28,000 ton of nickel contained in nickel pig iron and has been operating commercially since April 2022
Sopo Del Office Tower A 21st Floor
Jl. Mega Kuningan Barat III, Lot 10 1-6
Jakarta 12950
2024
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
Nickel Processing & Refining
2024
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
WMI is a limited liability company duly established in 2021 under the laws of the Republic of Indonesia and is engaged in the nickel processing and refining business. WMI constitutes one of HE’s nickel business portfolio held through HNI.
WMI owns and operates a nickel smelter located in the Indonesia Weda Bay Industrial Park, North Maluku Province, consisting of 4 rotary kiln electric furnace lines including supporting infrastructure and converter facilities to produce high-grade nickel-matte with an installed annual production capacity of up to approximately 56,000 ton of nickel contained in high-grade nickel-matte product.
WMI started commercial production since early 2024.
Sopo Del Office Tower A Lt. 21
Jl. Mega Kuningan Barat III, Lot 10 1-6
Jakarta 12950
2026
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
Nickel Processing & Refining
2026
Indonesia Weda Bay Industrial Park,
Central Halmahera
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BSE is a limited liability company duly established in 2022 under the laws of the Republic of Indonesia and is engaged in the nickel processing and refinery business. BSE constitutes one of HE’s nickel business portfolio held through THN.
BSE is currently developing a High-Pressure Acid Leaching (“HPAL”) project located in the Indonesia Weda Bay Industrial Park in Central Halmahera Regency, North Maluku Province. The HPAL project of BSE is designed to produce nickel-cobalt hydroxide intermediate product (MHP – Mixed Hydroxide Precipitate) with an annual installed production capacity of approximately 67,000 ton (±10%) of nickel equivalent and approximately 7,500 ton (±10%) of cobalt, together with its supporting facilities and infrastructure.
Currently, BSE project is still in a construction stage, and is targeted to commence commercial operation in early 2026.
Sopo Del Office Tower A Lt. 21
Jl. Mega Kuningan Barat III, Lot 10 1-6
Jakarta 12950
2023
Indonesia Weda Bay Industrial Park,
Central Halmahera
-
Nickel Processing & Refining
2023
Indonesia Weda Bay Industrial Park,
Central Halmahera
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SNMI is a limited liability company duly established in 2021 under the laws of the Republic of Indonesia and is engaged in the nickel processing and refinery business. SNMI constitutes one of HE’s nickel business portfolio invested through THN.
SNMI owns and operates a nickel smelter located in the Indonesia Weda Bay Industrial Park, North Maluku Province, consisting of 4 rotary kiln electric furnace lines including infrastructure and converter facilities to produce nickel pig iron with annual nameplate production capacity of approximately 55,000 ton of contained nickel equivalent metal (Ni) in the form of nickel pig iron.
SNMI has started its commercial production since early 2023.
Sopo Del Office Tower A 21st Floor
Jl. Mega Kuningan Barat III, Lot 10 1-6
Jakarta 12950
2012
Indonesia Weda Bay Industrial Park,
Central Halmahera and Indonesia Morowali Industrial Park,
Central Sulawesi
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Nickel Processing & Refining
2012
Indonesia Weda Bay Industrial Park,
Central Halmahera and Indonesia Morowali Industrial Park,
Central Sulawesi
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NIC is a corporation established under Australian laws. As part of its business expansion into nickel industry, HE invested in NIC shares, a company with a portfolio of business in nickel mining, processing and refining in Indonesia. NIC' shares is listed in the Australian Stock Exchange.
2005
Central Jakarta
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Transportation
2005
Central Jakarta
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LCM is a limited liability company duly established under the laws of the Republic of Indonesia. In order to support the transportation operation of HE’s coal production, LLJ invested in LCM shares, which is engaged in the transshipment business.