# Petrosea to invest IDR 6 trillion on mining equipment in Central Kalimantan

PT Petrosea Tbk (PTRO) allocated IDR 6 trillion of its capex budget to acquire new mining equipment to support business expansion in Central Kalimantan. The first-phase investment includes equipment from several suppliers, and the company has initiated first cut operations at new mining projects in the region.

- Type: Investment
- Announced: 2024-10-01
- Where: Central Kalimantan, Indonesia
- Value: $390.0M (6000.0B IDR)
- Status: announced
- Products: mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [PT Petrosea Tbk](https://endata.com/companies/76598.md)
- [PT Indotruck Utama](https://endata.com/companies/73165.md) (supplier)
- [PT United Tractors Tbk](https://endata.com/companies/80168.md) (supplier)
- [PT Trakindo Utama](https://endata.com/companies/80169.md) (supplier)
- [PT Indo Traktor Utama](https://endata.com/companies/80170.md) (supplier)
- [PT Eka Dharma Jaya Sakti](https://endata.com/companies/80171.md) (supplier)
- [PT Multi Tambangjaya Utama](https://endata.com/companies/80172.md) (customer)
- [PT Pasir Bara Prima](https://endata.com/companies/80173.md) (customer)

## Sources

- [idnfinancials.com](https://www.idnfinancials.com/cn/news/51038/ptro-to-invest-idr-6-trillion-on-mining-equipment-in-central-kalimantan), 2024-10-01: "It is an anticipatory measure to develop and maintain business sustainability in the future."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.