COMPETITION BUSINESS ACTIVITIES AND PROSPECTS OF THE COMPANY AND SUBSIDIARIES
The main competitors of the Company and its subsidiaries in the domestic market among others are PT Adaro Indonesia Tbk.,
PT Bayan Resources Tbk., PT Berau Coal Energy Tbk., PT Bumi Resources Tbk., PT Indo Tambangraya Megah Tbk., PT Harum
Energy, Tbk. and PT Tambang Batubara Bukit Asam Tbk. Among these competitors, PT Bumi Resources Tbk and PT Adaro
Indonesia Tbk produce coal with quality similar to quality of coal produced by the Company and its subsidiaries.
The main competitors of the Company and its subsidiaries in export markets among others are coal producers from Australia,
South Africa, China and India. The Company believes in its capability to compete since it has
competitive advantages compared to other coal producers. Meanwhile, the shortage of coal supply in China and India, and
because of the big flood in Australia which led to the cessation
of coal
production activities
and delayed
ability to provide coal supplies, has resulted in reduced competition in the export market in the short term. In
addition, with
a favorable
geographical position,
The Company and its subsidiaries have a competitive advantage over other competitors in international markets.