ANTAM Projects Export Growth of 66 Percent in 2018

By : Hariyanto And Aldi Firhand. A | Thursday, September 13 2018 - 19:35 IWST

Gedung Antam
Gedung Antam

INDUSTRY.co.id - Jakarta - PT Aneka Tambang Tbk (ANTAM) projects an increase in exports of 66%, worth US $ 1.04 billion in 2018 compared to the previous year of US $ 630 million.

ANTAM's export projection this year consists of 25 kilo tons of nickel in ferronickel, 4.05 million wet metric tons of nickel ore, 1.25 million wet metric tons of bauxite ore and 12 tons of gold.

ANTAM's exports are mainly sent to countries of South Korea, Europe, India, Taiwan, Japan, Singapore, Hong Kong and China.

PT Antam Tbk's Operational Director Hari Widjajanto said Antam's production and sales performance in the middle of 2018 was mainly due to the optimal operational activities of its core commodities, namely nickel, gold and bauxite.

"ANTAM's ferronickel production and sales in the middle of 2018 are supported by the stable operation of Pomalaa ferronickel platforms and Antam continues to maintain cash cost levels to improve competitiveness and become one of the low-cost global ferronickel producers," Hari said through a press release received on Thursday ( 9/9/2018).

Hari further said, for gold production and sales, ANTAM continued to increase its processing utility in refining precious metals.

"As for the production and sale of nickel ore and bauxite ore, Antam optimizes sales in accordance with the export quota currently obtained," concluded Hari.

News Comment

Today's Industry

Huawei earns MOCN Partners Award from Indosat

Rabu, 31 Mei 2023 - 16:30 WIB

Huawei Recognized as Outstanding Partner from Indosat in MOCN Partner Awards for Successful Network Integration

Indosat Ooredoo Hutchison (Indosat), has achieved a significant milestone in its mission to connect and empower the people of Indonesia, after completed the merger in January 2022.

65 years APO Tokyo

Rabu, 31 Mei 2023 - 15:28 WIB

65th Session of the APO Governing Body in Mongolia: Assessing Progress, Celebrating Milestones, Shaping the Future

The Asian Productivity Organization (APO) successfully concluded the 65th Session of its Governing Body (GBM) with representatives of 19 APO member economies attending in Ulaanbaatar, Mongolia,…

World Fishing Championship, the First Fishing Game on WEMIX PLAY, Launches in 170 Countries (Graphic: Wemade)

Rabu, 31 Mei 2023 - 15:00 WIB

World Fishing Championship, the First Fishing Game on WEMIX PLAY, Launches in 170 Countries

Wemade officially launched World Fishing Championship, a fishing game developed by Wemade Plus, on May 25th in 170 countries.

President Jokowi launched the IKN logo, Tuesday (30/05/2023), at the State Palace, Jakarta. (Photo: Public Relations of Setkab/Agung)

Rabu, 31 Mei 2023 - 14:35 WIB

President Jokowi Launches IKN Logo Themed Tree of Life

Indonesian President Joko Widodo (Jokowi) officially launched the Indonesian Capital City logo (IKN), Tuesday (30/05/2023), at the State Palace, Jakarta.

Falcon 40B," the UAE's first large-scale AI model, is now open source for research and commercial use. (Photo: AETOSWire)

Rabu, 31 Mei 2023 - 14:05 WIB

UAE's Technology Innovation Institute Launches Open-Source "Falcon 40B"

The Technology Innovation Institute (TII), a leading global scientific research center and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), today strengthened…