PT Anugrah Karya Raya
PT Anugrah Karya Raya (AKR Coal) was acquired in 2009, the company is part of AKR subsidiaries. The acquisition of shares in PT Anugrah Karya Raya is a step towards sourcing quality, low sulfur coal from Indonesia, which can be distributed by PT AKR's subsidiary in Indonesia and China. AKR Coal conducts business in mining, industrial, trading, and transportation of low calorie coal. In conducting its operation, AKR coal acquired five mining company in South Barito district, East Kalimantan (Borneo), with a total area approximately 24,388 Ha. The mining activity is expected to start in the early of 2011.