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ANEKA TAMBANG (PERSERO) TBK (PT) (ATM) - ASX: ATM
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Description
With four decades of experience since 1968, Antam is an Indonesian limited liability state corporation that is vertically integrated to undertake all stages of the mining process from exploration, mining, smelting, and refining through to marketing. Antam’s main products are ferronickel, nickel ore, gold, silver and bauxite.
Headquartered in Jakarta, Antam currently runs one nickel mine and three ferronickel smelters in Southeast Sulawesi, three nickel mines in North Maluku, one gold mine and one gold smelter in West Java, one bauxite mine in Riau, and one precious metal refinery in Jakarta.
Antam has numerous mining licenses covering over 1.3 million hectares in Indonesia, which provide significant potential to develop new mines and processing facilities. To develop such vast areas, Antam requires significant risk capital and in some cases the latest mining and metal processing techniques and technology.
In order to share and minimize those risk capital and to obtain the access to these latest techniques and technology, Antam has entered joint venture agreements with several leading international companies to jointly develop these potentials.
Mine For
nickel ore, ferronickel, gold, silver, bauxite
Location of operation(s)
Indonesia
Address
Jl Letjen TB Simatupang 1, Lingkar Selatan
TANJUNG BARAT, JAKARTA, INDONESIA
Phone
+62 21 780 5119
Website
Last Updated
07/05/2010
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.