Pt Alamtri Minerals Indonesia Tbk · IDX:ADMR
Pt Alamtri Minerals Indonesia Tbk — PT Adaro Minerals Indonesia — FY2024 Earnings Presentation
22 slides from Pt Alamtri Minerals Indonesia Tbk's earnings presentation, Mar 3, 2025
Slide 1: PT Adaro Minerals Indonesia Tbk Public Expose
PT Adaro Minerals Indonesia Tbk Public Expose Monday, 03 March 2025
Slide 2: Disclaimer
Disclaimer These materials have been prepared by PT Adaro Minerals Indonesia Tbk (the “Company”) and have not been independently verified. No representation or warranty, expressed or implied, is made and no reliance should be placed on the accuracy, fairness or completeness of the information presen
Slide 3: Business Overview
adaro) MINERALS 7 Business Overview
Slide 4: PT Adaro Minerals Indonesia Tbk at a Glance
PT Adaro Minerals Indonesia Tbk at a Glance Indonesia's top metallurgical coal producer, with an industry-leading cost structure and growing client base. Currently developing an aluminium smelter at the industrial park in North Kalimantan, as our first step in supporting Indonesia’s downstream initi
Slide 5: Company Overview
Company Overview CCoWs Locations Resources and Reserves Total Coal Total Coal Compliance Company / Locality Reserves Resources Standard (Mt) (Mt) Lahai Coal - Haju 2.0 4.0 JORC (Metallurgical) Maruwai Coal - Lampunut 92.2 101.4 JORC (Metallurgical ) Juloi Coal - Juloi Northwest - 629.9 JORC (Metallu
Slide 6: Supply Chain: from Coal Terminal to Vessel Loading Points
Supply Chain: from Coal Terminal to Vessel Loading Points Barge-to-barge Barge-to-Barge ▪ Barge-to-Barge transfers are done at Taboneo and North Kelanis using floating crane Barge-to-Vessel Barge-to-Vessel (Taboneo) ▪ Safe for loading for a wide range of vessel sizes ▪ Floating Office at Permata Bar
Slide 7: Established Infrastructure to Ensure Operational Excellence
Established Infrastructure to Ensure Operational Excellence Lampunut Coal Handling and Processing Plant Crushing Plant : 600 tph One of the largest CHPPs in Indonesia in terms of capacity Reduces ash from 12% ad to 4.5% ad Washing Plant : 525 tph (max: 550 tph) WASHING – 3 Process Circuit 7
Slide 8: Our ongoing Investment in Facilities and Infrastructure
Our ongoing Investment in Facilities and Infrastructure Hauling Road Upgrade Fuel Storage Tank We continue advancing our infrastructure projects to support higher volume target. Our hauling road upgrade project continue to progress, along with the construction of our second barge loading conveyor. S
Slide 9: Aluminium Smelter in Kaltara Industrial Park
Aluminium Smelter in Kaltara Industrial Park Scope of project is up to 1.5 Mt of aluminium production Additional capacity of up to 500,000 tpa of Green Additional capacity of up to Aluminum. We plan for this to be 500,000 tpa aluminum. powered by hydro. Power generation will likely be a hybrid of co
Slide 10: Progress of Aluminium Smelter
Progress of Aluminium Smelter Aluminium smelter: • In 4Q24, the construction on aluminium smelter area focused on the foundation and steel structure erection for anode and electrolysis plant. Jetty: • The construction of the raw material berthing area has been completed in 4Q24. • The installment of
Slide 11: Solid HSE Performance
Solid HSE Performance • ADMR implements zero accident mindset which emphasizes on continuous improvements in safety SOPs to improve workers’ behavior. PT KAI continues its construction progress while consistently emphasizing health and safety governance for each operational activity. Indicator MC &
Slide 12: Corporate Social Responsibility
Corporate Social Responsibility • As part of AlamTri Group, ADMR adopt AlamTri’s corporate social responsibility (CSR) vision, focusing on five main areas: economy, education, health, socio-cultural, and environment. • CSR activities present the opportunities for the company to communicate, interact
Slide 13: Industry Overview
Industry Overview
Slide 14: Metallurgical Coal Prices
Metallurgical Coal Prices 800 700 600 500 400 300 200 100 0 HCC PLV FOB Australia HCC PLV CFR China The average price of premium low-volatile (PLV) hard coking coal (HCC) FOB Australia in 2024 declined 19% y-o-y to approximately US$240/t. The lacklustre demand from China mainly drove the downturn in
Slide 15: Seaborne Metallurgical Coal Demand and Supply Outlook
Seaborne Metallurgical Coal Demand and Supply Outlook Global Metallurgical Coal Imports Demand (Mt) Global Metallurgical Coal Supply (Mt) 450 450 400 400 350 350 300 300 Million tonnes Million tonnes 250 250 200 200 150 150 100 100 50 50 0 0 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 203
Slide 16: Operational & Financial Highlight
Operational & Financial Highlight
Slide 17: Strong Production & Sales
Strong Production & Sales Growing Production with Low Strip Ratio Expanding Sales Volume (Mt) 30.0 4.0 +26% 5.6 3.7 3.6 4.5 25.0 23.6 3.2 2.3 3.0 20.0 2.5 18.7 2.2 15.0 2.0 2021 2022 2023 2024 10.0 Broad Market Demand (FY24) 8.3 6.6 1.0 5.2 5.1 Malaysia 5.0 3.4 2% 2.3 India 7% 0.0 0.0 South Korea In
Slide 18: Financial Summary
Financial Summary OPERATIONAL PERFORMANCE FY24 FY23 % Change Production (Mt) 6.6 5.1 30% OB removal (Mbcm) 23.6 18.7 26% Sales (Mt) 5.6 4.5 26% FINANCIAL PERFORMANCE FY24 FY23 % Change (in US$ million, except Earning per share) Net revenue 1,154.2 1,086.0 6% Gross profit 577.8 583.2 15% Net profit 4
Slide 19: Key Metrics
Key Metrics FINANCIAL RATIO FY24 FY23 % Change Gross profit margin 50.1% 53.7% (4%) Net profit margin 37.7% 40.6% (2.9%) Operating margin 46.8% 52.9% (6%) Operational EBITDA margin 50.3% 52.8% (3%) Net debt (cash) to equity (x) (0.21) (0.16) 32% Net debt (cash) to last 12 months Operational EBITDA (
Slide 20: FY25 Guidance
FY25 Guidance Sales Volume (in Mt) Strip Ratio Capital Expenditure (in $ million) 3.7 3.6 406 3.3 5.6 - 6.1 5.6 300-325 4.5 2.5 2.2 3.2 2.3 134 11 21 2021A 2022A 2023A 2024A 2025F 2021A 2022A 2023A 2024A 2025F 2021A 2022A 2023A 2024A 2025F 20
Slide 21: Conclusions and Takeaways
Conclusions and Takeaways • ADMR’s competitive strengths include: (i) a large coal reserves and resources, (ii) premium product quality, (iii) a growing client base amongst blue-chip steel companies, and (iv) industry-leading cost structure. • Production volume in FY24 reached 6.63 Mt, up 30% year-o
Slide 22: Thank You
adaro) MINERALS Thank You
PT Adaro Minerals Indonesia — FY2024 Earnings Presentation on 6ix