Bakrie Group Mining Stocks Surge on Major Acquisitions

Significant Price Movements

Shares of Bakrie Group's mining and energy companies, particularly PT Bumi Resources Tbk (BUMI), PT Bumi Resources Minerals Tbk (BRMS), and PT Energi Mega Persada Tbk (ENRG), have seen substantial gains in 2025. Today alone, BUMI's stock price surged 16.67% to Rp 224 per share.

Strategic Acquisitions Drive Growth

The recent price increase is attributed to BUMI's strategic acquisitions. The company has successfully acquired 100% of Wolfram Limited (WFL), an Australian-based gold and copper mining company. Furthermore, BUMI is in the process of acquiring 45% of PT Laman Mining from PT Supreme Global Investment for US$ 59.1 million. The acquisition price reflects the company's growing presence in the mining sector.

Future Plans and Market Performance

BUMI is also planning to acquire 55% of PT Supreme Alumina Indonesia, a subsidiary of Laman Mining that is currently developing an alumina factory. This move is expected to strengthen BUMI's position in the aluminum supply chain. The stock's year-to-date performance shows an 89.83% increase, although the significant rise has been more pronounced since September this year.

Market Implications

The substantial rise in BUMI's stock price reflects investor confidence in the company's expansion strategy. The acquisitions are likely to enhance BUMI's market position in the mining sector, particularly in gold, copper, and bauxite resources. As the company continues to execute its growth plans, market observers will be watching for further developments in its acquisition strategy and operational performance.