|PT AKR Corporindo Tbk entered coal mining and infrastructure business in 2009 by acquiring 87.5% shares in PT Anugrah Karya Raya (AKR Coal), a coal mining and trading company which controls 5 concessions covering 24,388 hectares of coal mining in Muara Teweh, Barito Utara , Central Kalimantan. Currently, the Company owns 96.75% of shares in AKR Coal.
The Company invests in coal mines and development of coal logistics infrastructures in Indonesia, such as hauling roads and river ports. The Company is implementing a strategy for integrating those investments in Indonesia with river ports in Guigang, China. The Company also executes coal trading business in Guigang since 2010 through its subsidiary AKR (Guangxi) Coal Trading Co Ltd.The first export shipment of coal from AKR Coal’s mine departed from the port in South Kalimantan in March 2012.