Geo Energy is a Mining & Energy group listed on the Mainboard of the SGX and is part of the Singapore FTSE-ST index. From being listed as a relatively small-scale mining services provider, the Group has transformed itself over the years into a low-cost coal producer with high-quality mining assets today. Geo Energy also collaborates with the biggest partners in the industry, such as PT Bukit Makmur Mandiri Utama (“BUMA”), one of the largest mining contractors in Indonesia, and international commodity traders such as Trafigura and Macquarie Bank.
Geo Energy produces low-ash, low-sulphur coal that is not only eco-friendly, but also has a high demand for blending purposes. The coal is needed as a cheap source of energy in many of the developing countries in Asia, while also helps mitigate environmental impact due to its cleaner coal specifications. The Group sells its coal to Indonesia and China (main markets), South Korea, Thailand, India and the Philippines.
This is in line with Geo Energy’s vision in setting the pace to run our business with corporate social responsibility concepts firmly embedded within daily operations to protect the people, the environment and the communities, and the Group’s commitment to sustainable growth and enhancing shareholders value. “We strive to achieve the best possible outcome in everything we do.”