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 ICT Competition 2022–2023 Global Final Closing and Awarding Ceremony (Photo: Huawei)

Jumat, 02 Juni 2023 - 17:40 WIB

Huawei ICT Competition 2022-2023 Global Final Held in Shenzhen — 146 Teams from 36 Countries and Regions Win Awards

The Huawei ICT Competition 2022-2023 Global Final concluded in Shenzhen, drawing to a close the seventh installment of this competition.

CleverTap logo

Jumat, 02 Juni 2023 - 15:50 WIB

CleverTap launches local deployment of its SaaS platform in Indonesia

CleverTap, the leading global B2B SaaS platform for customer engagement and retention, has made its platform available within Indonesia through data centers hosted on Amazon Web Services (AWS),…

President Jokowi inaugurated the 2nd Kretek Bridge, in Bantul, DI Yogyakarta, Friday (02/06/2023). (Photo: BPMI Setpres)

Jumat, 02 Juni 2023 - 15:10 WIB

Inaugurated by the President, the Kretek 2 Bridge Strengthens the Java Southern Route

RI President Joko Widodo (Jokowi) inaugurated the Kretek 2 Bridge, Friday (02/06/2023) morning, in Bantul Regency, DI Yogyakarta. This bridge will support the Southern Cross Road (JJLS) which…

President Jokowi led the Pancasila Harlah Commemoration ceremony, which was held in the National Monument Area, Jakarta, Thursday (01/06/2023). (Photo: Public Relations of Setkab/Oji)

Jumat, 02 Juni 2023 - 14:00 WIB

President Jokowi: Pancasila is the Foundation of Indonesia's Success in Facing Global Challenges

In the midst of the global crisis, Indonesia is one of the few countries that has succeeded in maintaining economic, social and political stability as well as controlling inflation, growing…

Minister of Investment/Head of BKPM Bahlil Lahadalia (Photo: Public Relations of Setkab/Rahmat)

Jumat, 02 Juni 2023 - 13:30 WIB

President Encourages Acceleration of Electric Battery Ecosystem Development

Indonesian President Joko Widodo (Jokowi) encourages the acceleration of investment realization for the development of the electric car battery ecosystem which will be carried out in the Bantaeng…