- CEO
- Arianto Sabtonugroho Rudjito
- Full Time Employees
- 3,693
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- Gedung Aneka Tambang Jakarta Indonesia 12530
- IPO Date
- Nov 18, 2011
- Business
- PT Aneka Tambang Tbk (Antam) operates as a diversified metals and mining company focused on the exploration, excavation, processing, and marketing of nickel ore, ferronickel, gold, silver, bauxite, alumina, and coal; it also provides precious metals refinery services, industrial area management, and engages in related construction, trading, agriculture, printing, and ground transportation businesses. The company conducts operations across the mineral-rich Indonesian archipelago, including key sites such as the Kolaka nickel operations in Southeast Sulawesi, Pomalaa ferronickel smelter, Tayan bauxite mine in West Kalimantan, and gold mines, with exports directed to long-term customers in Europe and Asia. Founded in 1968 and headquartered in Jakarta at Gedung Aneka Tambang Tower A, Jalan Letjen T.B. Simatupang No. 1, Antam functions as a subsidiary of state-owned PT Mineral Industri Indonesia (Persero) or MIND ID, and maintains a subsidiary in Australia, Asia Pacific Nickel Pty Ltd. Antam's core segments comprise Nickel, encompassing ferronickel production with an annual capacity of 27,000 tons of nickel in ferronickel and nickel ore sales; Precious Metals and Refinery, covering gold and silver commodities alongside processing services; and Bauxite and Alumina, sourcing from the Tayan mine to support downstream activities. In recent developments, Antam commits $723 million in capital expenditure over five years to accelerate exploration in gold, bauxite, and nickel, targeting 15% resource increases amid a mandate from Indonesia's Ministry of Energy and Mineral Resources; forms a joint venture with PT Sulsel Citra Indonesia for nickel mining in the Pongkeru Block, East Luwu, South Sulawesi; secures a $500 million credit facility to fund growth and expansion; and signs a gold sale and purchase agreement with PT Freeport Indonesia for 99.99% purity gold to advance national downstreaming efforts.