The business of the Bayan Group is
strongly built on the strength of our experience in Indonesia. Our
President Director and Founder of Bayan Group - Dato’ Dr. Low Tuck
Kwong’s business interests commenced in Indonesia in 1973 when he formed
PT. Jaya Sumpiles Indonesia (JSI) as an earthworks, civil works and
marine structure contractor. JSI quickly became pioneer in complex pile
foundation works, and leading contractor in Indonesia in the above
fields and remained so during the 1980’s and 1990’s. In 1988, JSI
ventured into contract coal mining and was a leading mining contractor
until 1998 when Dato’ Dr. Low acquired PT. Gunung Bayan Pratamacoal
(GBP) and PT. Dermaga Perkasapratama (DPP). At the time GBP had not
commenced mining and the Balikpapan Coal Terminal (under DPP) has a
rated capacity of 2.5 million tonnes per annum.
Under the leadership of Dato’ Dr. Low, the
Bayan Group quickly transformed into vertically integrated successful
and reputed coal mining company. The Bayan Group was formed through
number of strategic acquisitions in the coal sector and established with
a proven track record in developing greenfield coal mines.
In particular, in recent years the Tabang /
Pakar project has expanded from being a small-scale mining operation
producing only 1.9 million tonnes in 2014 to producing approximately
22.7 million tonnes in 2018. This has rapidly increased Bayan’s position
in the market now placing it within the top 5 Indonesian coal
producers. Further growth is planned in coming years with a target to
increase the Tabang / Pakar Project to production of approximately 50
million tonnes per annum.
The Bayan Group is an innovator in the
Indonesian coal mining industry and it is continuously looking at new
methodologies and technologies to cement its position as one of the
lowest cost producers in Indonesia. For example the Bayan Group was the
first coal mining company in Indonesia to employ through-seam blasting
at its Wahana mine, utilise the dozer-push mining methodologies at our
Tabang mine and is currently utilising some of the largest coal haulage
trucks in Indonesia with payloads of 200 to 220 tonnes. We expect this
trend to continue as we evaluate other opportunities.
The Bayan Group has some of the leading
coal infrastructure in the country through its ownership of the
Balikpapan Coal Terminal, the Perkasa and Wahana Jetties and the two
Floating Transfer Barges (KFT’s). These facilities including the ability
to unload barges, stockpile coal and load to vessels at speeds ranging
from 3,000 to 8,000 tonnes per hour. Certain of these facilities are
also able to blend coal from multiples stockpiles and qualities. We
continue to invest to expand these facilities where required providing
our customers flexibility in the vessels they use as well as redundancy
in terms of our capacity. Bayan Resources (BYAN) History
Jl. Jend. Sudirman Kav. 52-53 (Jl. Senopati Raya 8B),
Kebayoran Baru, Jakarta 12190, Indonesia.
Phone (6221) 2935 6888 | Faximili (6221) 2935 6999
Bayan Resources (BYAN)
