The Pivot to Integrated Rail
The Jan 2026 public road ban has catalyzed a shift toward the "Big Three" infrastructure owners. While Titan controls road access and PTBA owns captive rail, PT RMK Energy (RMKE) emerges as the critical independent relief valve with massive latent capacity.
Mining PDRB
24.69%
Rail Target '26
52 MT
RMKE Latent
70%
Provincial Production Gap
Logistics Market Share (%)
I. The Logistics "Big Three"
Primary providers defining the South Sumatra coal evacuation landscape.
PT Bukit Asam Tbk
Captive railway owner expanding from 32 MTPA to 52 MTPA via the Keramasan project (COD Q2 2026).
PT RMK Energy Tbk
Largest independent provider. Only non-KAI loading facility (Gunung Megang). 30 MTPA unloading capacity at Simpang Station.
Titan Infra Energy
Operators of the 118km SLR road and SDJ port. Expanding to 153km total network in 2026 to bypass public road bans.
RMKE: The Scalability Advantage
RMKE's primary competitive edge is its 70% latent capacity. In 2025, the Simpang Station handled ~9 MT against an installed capacity of 30 MTPA. This allows RMKE to absorb the volume displaced from public roads without significant new CapEx.
Simpang Station Capacity
30 MTPA
2026 Target Volume
15.1 MTPA
Integrated Supply Chain
Gunung Megang TLS → PT KAI Rail (~140km) → Simpang Station → Musi 2 Port.
RMKE Capacity Utilization (Installed vs. Actual)
Potential breakthrough to IDR 10,000/share projected by 2026 analysts.
II. Regional Client Explorer
Concession dependency and integrated logistics partnerships.
III. Comprehensive Capacity Summary
| Segment | Operator | Key Asset | Max Capacity (MT) | 2026 Target |
|---|---|---|---|---|
| Rail Loading | PT RMK Energy | Gunung Megang TLS | N/A | 15.1 MT |
| Rail Unloading | PT RMK Energy | Simpang Station | 30 MT | 15.1 MT |
| Coal Port | RMKE (Musi 2) | Keramasan Port | 25 → 32 MT | 15.1 MT |
| Railway | PTBA + KAI | Keramasan Project | 20 MT | 20 MT (New) |
| Road Hauling | Servo Lintas Raya | 153km Network | High | Full Evacuation |