Aneka Tambang (ANTAM)
Aneka Tambang (ANTAM) is a vertically integrated, exportoriented, diversified mining
and metals company. With operations spread throughout the mineral-rich
Indonesian archipelago, Aneka Tambang (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. Due to the vastness of
the company's licensed exploration areas as well as its known large
holdings of high quality reserves and resources, Aneka Tambang (ANTAM) has formed
several joint ventures with international partners to profitably develop
geological ore bodies into profitable mines.
The company generates healthy cash flows, and has prudent capital
management. The company became a limited liability state-controlled
company in 1968 with the merger of several single commodity mining
companies. In 1997, the company conducted an Initial Public Offering
(IPO) and listed its shares on the Indonesia Stock Exchange and 35% were
sold by the government to the public, to raise money for a ferronickel
expansion. In 1999, Aneka Tambang (ANTAM) listed its shares in Australia as a foreign
exempt entity and then in 2002 augmented its status to the more
stringent ASX Listing.
Aneka Tambang (ANTAM) objectives are centered on increasing shareholder value. The
company's main objective is to enhance shareholder value by lowering
costs while profitably expanding operations in a sustainable manner. The
strategy maintains focus on Aneka Tambang (ANTAM) core business of nickel, gold and
bauxite with a view to maximizing output in order to increase cash
generation and lower unit costs. Aneka Tambang (ANTAM) plans to sustain growth through
reliable expansion projects, strategic alliances, increasing quality
reserves and adding value by moving away from selling raw materials and
increasing processing activities. Aneka Tambang (ANTAM) will also maintain financial
strength. By generating as much cash as possible Aneka Tambang (ANTAM) ensures it will
have sufficient funds to repay debts, finance continued growth and pay
dividends. Lowering costs means operating more efficiently and
productively, as well as increasing capacity to benefit from economies
of scale.
As a mining company, Aneka Tambang (ANTAM) realizes its operations have a direct impact
on the surrounding environment and nearby communities. Environmental
sustainability and community development are not viewed merely as being
socially responsible, but also as risk management. The characteristic of
mining in Indonesia is that it plays a big role in the development of
remote areas and so given the mine's large role in community development
it is crucial to operate not as an outsider but as a member of the
community and a good corporate citizen and thereby reduce the likelihood
of business interruptions. Aneka Tambang (ANTAM) believes environmental sustainability
and proactive community development are necessary to successfully
operate a mine. Serious attention to natural conservation efforts and
proactive participation in community development are one of the keys to
successful mining activities. Aneka Tambang (ANTAM) History
Vision 2030
To be a leading natural resources
based global corporation through business diversification and integration
Mission 2030
- To provide high quality products with a view of achieving maximum added value through best industry practices and competitive operational performance
- To optimize resources with emphasis on sustainability, occupational safety and environmental conservation
- To maximize the shareholder and stakeholder value
- To improve the employee's competency and welfare as well as the independency of the communities In the vicinity of the operational areas Aneka Tambang (ANTAM)
ANTAM Products & Services
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. ANTAM operating segments are distinguished according to three core businesses which comprised on nickel, gold and refinery, and bauxite and alumina. ANTAM also has others segment and Head Office segment. ANTAM also has others and Head Office segments.
Gold & Precious Metal Refining
ANTAM's gold and refinery business segment consists of gold commodity, silver and precious metals processing and refinery services. Gold and silver commodity of ANTAM was produced through mining activity and gold ore smelting to dore bullion. The gold ore mining is produced from two mining sites; Pongkor, West Java and Cibaliung, Banten, whereby both are underground mining. Aneka Tambang ANTAM
Bauxite is the main source of ore alumunium production. Bauxite contains alumina (AI203) and a mixture of silica, various iron oxides, and titanium dioxide. ANTAM plans to augment the value of its bauxite reserves though the development of alumina projects. Aneka Tambang ANTAM
PT ANTAM (Persero) Tbk
Gedung Aneka Tambang
Jl. Letjen TB Simatupang No. 1 Lingkar Selatan, Tanjung Barat
Jakarta 12530,
Indonesia
Tel. : (62-21) 789 1234
Fax. : (62-21) 789 1224
Email: corsec@antam.com
Gedung Aneka Tambang
Jl. Letjen TB Simatupang No. 1 Lingkar Selatan, Tanjung Barat
Jakarta 12530,
Indonesia
Tel. : (62-21) 789 1234
Fax. : (62-21) 789 1224
Email: corsec@antam.com
Aneka Tambang (ANTAM)