PT Timah Tbk

PT Timah (Persero) Tbk is a state owned enterprise which is engaged in tin mining. There abouts 35% of its share are owned by the public which makes this company go public. This is in line with government objectives to make the company independent and transparent in performance. As the largest tin mining company in Indonesia as well as world largest exporter, PT Timah (Persero) Tbk having tin mining rights for 522,460 hectares by total numbers of 114 mining license both onshore and offshore with the area of operation covering Bangka Belitung Province and Riau Archipelago Province based on the existing of Indonesian Tin Belt.

As a holding company, PT Timah (Persero) Tbk forming five subsidiaries and expand the business scope into many different field among other things mining, engineering service, exploration service and dockyard and shipyard. This creates a unique, one-stop services, but also to keep offering the highest quality products and services.

Moreover, PT Timah (Persero) Tbk is acting as an institution that formulating the corporate control, capital budgeting, and procurement, company financial management, and its subsidiaries, formulate norms and values, determine the basic attitude of corporate business development both acquisitions and alliances.

PT Timah (Persero) Tbk has a long history of tin mining in Indonesia for more than 200 years.

Bangka Tin Winning Bedrijf(BTW)

Gemeenschaappelijke Mijnbouw Maatschaappij Billiton (GMB)

Singkep TIN Exploitatie Maatschappij (SITEM)

 

 

 

 

1953 - 1958

The Dutch companies were nationalized to be three State-Owned Companies, comprising:

• BTW to be PN Tambang Timah Bangka
• GMB to be PN Tambang Timah Belitung