PT Harum Energy Tbk

HRUM

Ticker

IDX:HRUM

Price (Q3 2025)

1,105

Market Cap

Rp 40T

Headquarters

Jakarta, Indonesia

Key East Indonesian Operations

Sulawesi

Industry/Sector

Energy & Mining

Company Profile

PT Harum Energy Tbk is a diversified energy and mining company headquartered in Jakarta, with its main operations in East Kalimantan. Established in 1995, the company started as a coal producer and has since expanded into nickel mining and renewable energy investments, reflecting Indonesia’s transition toward cleaner and more sustainable industries.

Harum Energy’s coal segment focuses on high-quality thermal coal, which is exported to Asia’s growing power markets. At the same time, the company has been aggressively diversifying into nickel production, particularly in Sulawesi, which positions HRUM as a key player in Indonesia’s electric vehicle (EV) battery supply chain. This expansion strengthens its footprint in Eastern Indonesia, contributing to regional economic growth.

Sustainability and Governance

Diversification into nickel and renewables shows HRUM’s commitment to long-term sustainability beyond fossil fuels.
Implements post-mining rehabilitation programs in East Kalimantan.
Engaged in ESG reporting, aligning with Indonesia’s and international sustainability frameworks.
Governance practices emphasize compliance with mining and environmental regulations as a publicly listed company.

Operations and Impacts in East Indonesia

Employment generation through coal and nickel projects in Kalimantan and Sulawesi.
Contribution to local community development, including healthcare, education, and small business programs.
Nickel projects in Sulawesi position Eastern Indonesia as a global hub for EV battery supply chains.
Infrastructure investments around mine sites support transportation and logistics in East Indonesia.