Garibaldi Thohir is the CEO and a significant shareholder of Alamtri Resources Indonesia, formerly Adaro Energy Indonesia, one of the world's top coal exporters.
He first acquired a stake in Allied Indocoal in a joint venture with an Australian firm then, with partners, bought Adaro in 2005.
In 1997, he formed motorcycle financing company Wahana Ottomitra Multiartha (WOM Finance). He still distributes Honda motorcycles.
Thohir also owns a stake in EV battery materials company Merdeka Battery Materials, which went public in 2023 in a $620 million IPO.
Alamtri Resources plans to spin off and list its thermal coal unit Adaro Andalan Indonesia in December 2024, raising up to $291 million.
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