PT Tunas Inti Abadi (TIA) is a new Company on the Indonesian Mining Scene was established in 2003 and acquired by the TMT group and is now majority owned by PT ABM Investama.
TIA has two IUPs with production operation No 545/054/IUP-OP/D.PE/2010 and 545/055/IUP-OP/D.PE/2010 released by local government Tanah Bumbu on March 22, 2010, also has a Trading Lisence No 733/Perindag/PTBB/2010.
TIA is located in the administrative region of Sei Loban, Angsana and Kusan Hulu, Kab. Tanah Bumbu, South Kalimantan, approximately 204 km north-east of the city of Banjarmasin. To reach the mine a visitor can fly from Jakarta to Banjarmasin and continue by car, it takes about 4 hours.
The concession area is 4,305 hectare. Based on geological studies, the proven coal reserves found in the concession area could be mined for a period of up to 12 years, with a maximum production of about 3 (three) million tons per year.
The concession is a mere of 27 km from the port Sebamban Baru Kab. Tanah Bumbu, the port facility that we use is an open sea which can be loaded 270-300 feet barge, and haul road with 50 tonne truck capacity are owned by the PT TIA.