Reference
·Primary source
Banpu Group offshore coal production (Indonesia and Australia)
~37 Mt (2024)
Banpu Plc (SET:BANPU), Thailand's largest mining group, produced approximately 37 million tonnes of saleable coal in 2024 from its Indonesian (Indo Tambangraya Megah, ITM) and Australian (Centennial Coal) subsidiaries — almost entirely outside Thailand. Thailand's domestic Mae Moh lignite operation, run by EGAT not Banpu, supplies the Mae Moh power station. Banpu's offshore coal volumes peaked at ~42Mt in 2018, eased through the energy transition pivot, and stabilised in the mid-30s through 2024 as the group reallocates capex toward natural gas (Barnett, Texas), renewables (BCPG, Banpu NEXT), and battery storage. Annual reports detail per-asset volumes and benchmark realisations.
Figure in context
Banpu Plc (SET:BANPU), Thailand's largest mining group, produced approximately 37 million tonnes of saleable coal in 2024 from its Indonesian (Indo Tambangraya Megah, ITM) and Australian (Centennial Coal) subsidiaries — almost entirely outside Thailand. Thailand's domestic Mae Moh lignite operation, run by EGAT not Banpu, supplies the Mae Moh power station. Banpu's offshore coal volumes peaked at ~42Mt in 2018, eased through the energy transition pivot, and stabilised in the mid-30s through 2024 as the group reallocates capex toward natural gas (Barnett, Texas), renewables (BCPG, Banpu NEXT), and battery storage. Annual reports detail per-asset volumes and benchmark realisations.
Interpretation notes
What this tells you
Banpu Plc (SET:BANPU), Thailand's largest mining group, produced approximately 37 million tonnes of saleable coal in 2024 from its Indonesian (Indo Tambangraya Megah, ITM) and Australian (Centennial Coal) subsidiaries — almost entirely outside Thailand. Thailand's domestic Mae Moh lignite operation, run by EGAT not Banpu, supplies the Mae Moh power station. Banpu's offshore coal volumes peaked at ~42Mt in 2018, eased through the energy transition pivot, and stabilised in the mid-30s through 2024 as the group reallocates capex toward natural gas (Barnett, Texas), renewables (BCPG, Banpu NEXT), and battery storage. Annual reports detail per-asset volumes and benchmark realisations.
What not to do with it
Values in million tonnes saleable coal. Banpu's Thai-domestic mining footprint is negligible; the offshore series is the group production headline.
Related figures
Adjacent numbers that add context without drowning the value.
Thailand Gypsum Production Volume
Department of Primary Industries and Mines, Thai Mining Industry Association
Thailand Cement-Grade Limestone Output
DPIM, SCG Annual Report, TPI Polene Annual Report
Mining Royalty Rate — Industrial Minerals
Minerals Act B.E. 2560, DPIM Ministerial Notifications, Revenue Department
Thailand Potash Proven Reserves
DPIM, ASEAN Potash Mining, academic surveys
TPI Polene Mining Concession Area
TPI Polene Annual Report, SET filings, DPIM concession registry
Thai mining and quarrying sector revenue (2020-2024)
Department of Primary Industries and Mines, NESDC National Accounts, USGS Mineral Yearbook
Report context
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