Bayan Resources
Bayan Resources is an Indonesian integrated coal producer engaged in open cut mining across projects in East and South Kalimantan.
Last updated September 15, 2026
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Overview
Bayan Resources is an Indonesian integrated coal producer engaged in open cut mining of four main projects located in East and South Kalimantan, Indonesia. It produces coal ranging from high calorific value bituminous coal to sub-bituminous low-sulphur, low-ash coal. The Bayan Group's business is built on experience in Indonesia, with its President Director and Founder Dato’ Dr. Low Tuck Kwong commencing business interests in Indonesia in 1973. The group was formed through strategic acquisitions in the coal sector and has a track record in developing greenfield coal mines. Its corporate structure consists of over 30 companies including mining, investment, shipping, coal handling and services companies, with Bayan holding majority ownership of all of them.
History
The business of the Bayan Group is strongly built on the strength of experience in Indonesia. President Director and Founder 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 became a pioneer in complex pile foundation works and a leading contractor in Indonesia 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) had a rated capacity of 2.5 million tonnes per annum. Under the leadership of Dato’ Dr. Low, the Bayan Group transformed into a vertically integrated coal mining company. The Bayan Group was formed through a number of strategic acquisitions in the coal sector and established with a proven track record in developing greenfield coal mines. In recent years the Tabang / Pakar project expanded from a small-scale mining operation producing 1.9 million tonnes in 2014 to approximately 22.7 million tonnes in 2018, rapidly increasing Bayan’s position in the market to within the top 5 Indonesian coal producers. Further growth is planned with a target to increase production from the Tabang / Pakar Project to more than 60 million tonnes per annum by 2026.
Products and positioning
Integrated coal producer; within the top 5 Indonesian coal producers.
bituminous coal
sub-bituminous low-sulphur, low-ash coal
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