PT Tanjung Alam Jaya (TAJ) is an indirect subsidiary owned by the Company which is engaged in coal mining. TAJ conducts mining activities in the Binuang area, Banjar Regency, South Kalimantan based on the Coal Mining Cooperation Agreement (PKP2B) with an area of approximately 9,721 Ha and has an average GAR of 6,200 Kcal / Kg. Besides being directly owned by the Company, TAJ is also owned by TIM. Currently, TAJ is in the divestment process in connection with the action plans of the group’s management and shareholders based on the results of a more economical analysis in the future. PT Tanjung Alam Jaya (TAJ) was established based on Notarial Deed Hj. Julia Chairani Rachman, S.H., No. 6, dated December 5, 1998.
TIMAH's Share Ownership is as follows:
Shareholders | Number of Shares (/shares) | Ownership Percentage (%) |
PT TIMAH Tbk | 9.375 | 50 |
PT Timah Investasi Mineral | 9.375 | 50 |
The Vision and Mission of PT Tanjung Alam Jaya (PT TAJ) namely:
Vision: Being an environmentally friendly coal mining company that can compete in the global market.
Mission :
1. Optimising coal mining activities.
2. Building human resource competencies in coal mining.
3. Maximising company value and contribution to shareholders and social responsibility.
The composition of the Board of Commissioners and Directors of PT Tanjung Alam Jaya (TAJ) is as follows:
Name | Occupation |
Yunus Saefullah | President Commissioner |
- | Commissioner |
Arief Fauzan | President Director |
Endria Novyaningsih | Director of Finance |