In an analyst meeting held on Monday (3/3), Indo Tambangraya Megah, known by its stock code $ITMG revealed their ambitious targets for the future. Not kidding, this company targets coal sales volume of around 26.3–27.4 million tons in 2025, which shows a significant increase of +9.6–14.2% year-on-year (YoY) compared to the realization in 2024!

Optimistic Production Projections

More interestingly, coal production volume in 2025 is also predicted to record encouraging figures, in the range of 20.8–21.9 million tons, or grow +3–8.4% YoY. It’s not just numbers, you know! The target reflects the company’s optimism in facing challenges in the coal industry.

Stripping Ratio di Level Optimal

In addition, the stripping ratio target is also quite realistic, which is in the range of 10–11x, a slight increase compared to the 10x figure achieved in FY24. This shows that ITMG is not only focused on volume, but also on efficiency and resource management.

Investing to Achieve Targets

In order for all of these targets to be achieved, ITMG is ready to allocate capital expenditure (capex) of around 50-65 million US dollars by 2025. This is slightly lower compared to the 2024 capex budget of 58 million US dollars. Through this smart investment, ITMG certainly hopes to improve performance and provide better results to stakeholders.

Overall, the steps taken by Indo Tambangraya Megah are not just a projection of numbers, but rather a strategic effort to navigate the dynamic world of the coal industry. Let’s just wait for the next development of this company, hopefully it will be as expected and bring more benefits to all of us!