Antam coal

PT ANTAM: COAL POWER PLANT TO SLASH POMALAA COSTS

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below. Just click on the icons to get to the download page. State-owned coal mining firm PT Bukit Asam plans to diversify its business by establishing a joint venture with state-owned diversified miner PT Aneka Tambang Antam to build steam and diesel power plants in East Halmahera, North Maluku.

Bukit Asam president director Arviyan Arifin told a press briefing in Jakarta on Monday that his company would hold a 75 percent stake in the venture and Antam the other 25 percent.

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We expect the power plants to begin operations by ," Arviyan said. Bukit Asam, which started its business with the Air Laya mine in Tanjung Enim, South Sumatra, inhas diversified its business into coal briquette manufacturing, coal railway transportation, electricity generation and methane production. He said his company had inked an agreement with state-owned energy holding company Pertamina and American corporation Air Products to build a plant in Peranap regency, Riau Islands, where the companies would convert coal into dimethyl ether DMEa substitute of liquefied petroleum gas LPGto cut down LPG imports.

Bukit Asam has also secured another coal gasification project with state-owned fertilizer producer Pupuk Indonesia, chemical manufacturer Chandra Asri Petrochemical and state-owned energy holding company Pertamina to build a plant in Tanjung Enim, where the companies will convert coal into urea, polypropylene and DME.

Aneka Tambang Tbk PT

He added that his company was currently in talks with its project partners regarding the shareholdings. Bukit Asam booked Rp 5. The company attributed the growth to its increased coal exports and improved efficiency. It exported coal worth Rp 2.

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Total coal sales increased 5 percent year-on-year to However, Bukit Asam commerce director Adib Ubaidillah said the company would consider adjusting the volume of its domestic sales and exports depending on the development of global prices. However, the company was upbeat it could export The company produced It is targeting to increase its production to Arviyan said his company had allocated Rp 6.

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antam coal

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antam coal

News Business. The plants are estimated to consumetons of coal per year, supplied by Bukit Asam. It is also entering the downstream industry this year by developing coal gasification projects. Our partners. Niskala Media Tenggara.ANTAM undertakes all activities from exploration, excavation, processing through to marketing of mining commodity for more than 50 years.

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Human Capital is one of the most valuable factors for Company's future growth. We are committing on development of human capital competencies as a based of ANTAM's sustainability effort.

Beyond the Company's operational segment, We are committing to manage social, economic and environmental impact, including management of community relations, environmental regulations compliance, and the economic impact on society. Our commitment to ensure our products meet customer specifications and on-time deliveries have resulted in ANTAM having several long-term business relationships with well-established customers in both domestic and international market.

We maintain financial strength by generating positive revenue growth to ensure Company's sustainability and bring positive value to Our shareholder and stakeholder. Having a diversified business with prudent management and horizontal business development through integrated business from upstream to downstream activity. ANTAM is a mining company which processes a number of minerals as well as operating other businesses including trade and industry, transportation and other services related with the mining sector.

Ferronickel production originated from the Compan Geomin Unit has the main responsibility of managing and developing exploration activitie With operations spread throughout the mineral-rich Indonesian archipelago, ANTAM undertakes all activities from exploration, excavation, processing through to marketing of nickel ore, ferronickel, gold, silver, bauxite and coal.

The company has long term loyal blue chip customers in Europe and Asia. Close Menu. What do you want to search? Focus on Good Mining Principle Implementation. Investing in Human Capital. Upholding on Social Responsibility. Focus on Product Quality. Business Diversification and Integrated Mining Operation. Next Prev. Last IDR Volume 1, Open IDR The options include building hydro power plant, gas and coal power plants. You are commenting using your WordPress.

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antam coal

Of the 31 power producers who had released profit forecasts for the first half, 19 expected losses and six forecast profit decrease, the Wind Info, a provider of financial data, […].

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antam coal

Email required Address never made public. Name required. By continuing to use this website, you agree to their use. To find out more, including how to control cookies, see here: Cookie Policy.Take a free trial or Subscribe now. Australian-based developer Allegiance Coal has wrapped up the supply chain from coal face to customer for its planned revival of the New Elk metallurgical coal mine in SE Colorado, USA.

Kirkland Lake has followed the shutdown of 2 Aussie gold projects with cuts at Detour Lake and the suspension of all exploration. New moves by gold major Newmont to offset the global COVID pandemic prompts 4 temporary mine closures and an expected Q1 20 prodn fall.

Coronavirus restrictions on the movement of goods and people within Mongolia threaten to further delay completion of the vital underground expansion of the Rio Tinto-operated Oyu Tolgoi copper-gold mine. Gold miner Norgold has acquired By Mark Mentiplay. Kingsrose Mining cranking up to extend and increase its Sumatra gold operations beyond mid-FY About to lose their jobs. Jakarta-based vertically integrated diversified mining and metals company with operations in nickel ore, ferronickel, gold, silver, and bauxite spread throughout the Indonesian archipelago.

Mining Bulletin The full story: In-depth news and analysis. Exchange Code:.JKis considering acquiring coal mines to diversify its operations and to meet growing energy needs for its nickel production, its president director said.

The company consumes abouttonnes of coal a year to power its ferro-nickel smelters but that may grow to at least 3 million tonnes once the new power plant is completed, he said. Falling nickel prices and rising energy costs have prompted Antam to cut costs and increase nickel sales to boost revenue. The company has revised up its sales target to 18, tonnes of ferro-nickel this year, compared with an initial target of 17, tonnes. Antam, 65 percent-owned by the Indonesian government, is involved in the exploration and production of nickel ore, smelting of ferro-nickel, as well as the exploration and production of refining gold and silver, bauxite and iron sands.

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PT ANEKA TAMBANG TBK

Fitri Wulandari. But Antam expects prices to recover by end of this year. As of the end of August, the company has shipped 14, tonnes of ferro-nickel, Loebis said. Antam sold 17, tonnes of ferro-nickel in Latest Trade. Today's Range. Key Developments. Key Metrics. All Listings. Indonesia's Antam ferronickel production up 18 pct. PT Aneka Tambang Tbk is an Indonesia-based vertically integrated and diversified mining and metals company. It is engaged in the exploration, exploitation, processing, refining and marketing of nickel ore, ferronickel, gold, silver, bauxite, coal and other precious metals.

Its business segment is classified into nickel segment, gold and refinery segment and others operating segment. The commodities under its nickel segment include ferronickel and nickel ores, while those under its gold and refinery segment are gold, silver, platinum and palladium.

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Its others operating segment is comprised of bauxite and coal. Contact Info. Aneka Tambang Building. Letjen TB Simatupang St. Lingkar Selatan. Executive Leadership. Agus Surya Bakti. President Commissioner. Dana Amin. President Director. Anton Herdianto. Director of Finance. Kunto Hendrapawoko.

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Senior Vice President, Corporate Secretary. Luki Setiawan Suardi. Director of Human Resources. New Stories. Indonesians smarting from a falling share market and a currency near year lows are turning to gold as a safe haven, boosting sales of retail ingots and encouraging state miner Aneka Tambang to up production. Quote and financial data from Refinitiv.Please enable JavaScript on your browser to best view this site.

One of the companies, listed on the Indonesia Stock Exchange, that is experiencing a very good performance so far in is vertically integrated and diversified mining and metals company Aneka Tambang, a state-controlled entity. Net sales of Aneka Tambang better known as Antam rose These impressive corporate earnings came on the back of strengthening commodity prices and growing demand for metal commodities on the international market.

Key mining commodities that are produced and exported by Antam are ferronickel, nickel ore, gold, bauxite, and silver. Meanwhile, its nickel ore sales reached 2. Therefore, Antam is approaching the completion of its new ferronickel plant in East Halmahera. This plant, which is established in cooperation with state-controlled construction company Wijaya Karya, is designed to have a production capacity of 13, tons per year.

Progress of the project is estimated at 65 percent per end-May Antam is also eager to develop a ferronickel plant on Gag Island in West Papua. The company is now searching for a business partner to establish the plant.

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Meanwhile, together with parent company Indonesia Asahan Aluminium Inalum Antam is developing a smelter grade aluminum plant in West Kalimantan. This smelter will have a one million tons capacity per annum. Antam and Showa Denko had been working together since through a joint venture.

However, in late the Japanese-based company said it wanted to exit the joint venture. The negative side-effects of losing this partner is that Antam will now need to finance the Tayan plant by itself, while it will also miss out on valuable future technological input from the Japanese company.

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