QUARTERLY REPORT
PT ANTAM TBK
For the First Three Month Ended March 31, 2023
ARBN - 087 423 998
Securities Ticker: ASX: ATM, IDX: ANTM
Pomalaa Ferronickel Plant | Pongkor Gold Processing Plant | Tayan Bauxite Mine |
HIGHLIGHTS
ANTAM's booked unaudited ferronickel production volume within the first three month period of 2023 (1Q23) at 5,437 ton nickel within ferronickel (TNi), with unaudited ferronickel sales volume amounted to 4,287 TNi.
In 1Q23, ANTAM's unaudited nickel ore production amounted 3.41 million wet metric ton (wmt), which was used as ore feed for ANTAM's ferronickel plant as well as being sold to domestic market. ANTAM's unaudited nickel ore sales in 1Q23 reached at 3.44 million wmt.
ANTAM focus to develop the domestic gold customer based. ANTAM record unaudited gold sales figure in 1Q23 reached of 7,223 kg (232,225 troy oz.), with unaudited production volume amounted to 304 kg (9,774 troy oz).
In 1Q23, ANTAM's unaudited bauxite production volume amounted 347,139 wmt, which was used
as ore feed for alumina production and as well as being sold to the third party customer.
Meanwhile, the unaudited bauxite sales volume in 1Q23 reached 84,267 wmt.
ANTAM Records Positive Performance Rating In Environmental Management (PROPER) 2021-2022.
The Signing of The Conditional Share Purchase Agreement and Conditional Shareholder Agreement
for The EV Battery Ecosystem Development Project.
ANTAM and PLN Sign a Power Purchase Agreement For ANTAM Ferronickel Plant Operation in
Kolaka, Southeast Sulawesi
CORPORATE INFORMATION AS PER MARCH 31, 2023
Board of Commissioners | |
F.X. Sutijastoto | President Commissioner and Independent Commissioner |
Gumilar Rusliwa Somantri | Independent Commissioner |
Anang Sri Kusuwardono | Independent Commissioner |
Bambang Sunarwibowo | Commissioner |
Dilo Seno Widagdo | Commissioner |
Board of Directors | |
Nicolas D. Kanter | President Director |
I Dewa Wirantaya | Director of Operations and Production |
Dolok Robert Silaban | Director of Business Development |
Elisabeth RT Siahaan | Director of Finance and Risk Management |
Basar Simanjuntak | Director of Human Resources |
Share Information
- ANTAM's market capitalization as at March 31, 2023 was Rp50.22 trillion (USD3.33 billion).
- ANTAM's share prices on the Indonesia Stock Exchange (IDX) hovered within the range of Rp1,795-Rp2,370 per share during January-March 2023.
- ANTAM's average share price on the IDX during 1Q23 period was Rp2,090 per share.
- ANTAM's average share price on the ASX during 1Q23 period was AUD1.04 per CDI.
Top 10 Shareholders:
- PT MINERAL INDUSTRI INDONESIA (PERSERO)
- BNYM RE BNYMLB RE EMPLOYEES PROVIDENTFD BOARD-2039927326
- DJS KETENAGAKERJAAN PROGRAM JHT
- DJS KETENAGAKERJAAN PROGRAM JP
- JPMCB NA RE - VANGUARD EMERGING MARKETS STOCK INDEX FUND
- JUNI SETIAWATI WONOWIDJOJO
- JPMCB NA RE-VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND
- DJS KETENAGAKERJAAN PROGRAM JAMINAN KECELAKAAN KERJA
- CITIBANK SINGAPORE S/A GOVERNMENT OF SINGAPORE
- UBS AG LONDON-2140724000
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PRODUCTION VOLUME (UNAUDITED)
1Q22 | 1Q23 | ||
Commodity | Unit | (Jan - Mar) | (Jan - Mar) |
2022 | 2023 | ||
Ferronickel | TNi | 5,681 | 5,437 |
Nickel Ore | Wmt | 2,917,105 | 3,406,460 |
Gold | Kg/t oz | 370/11,896 | 304/9,774 |
Silver | Kg/t oz | 2,106/67,709 | 2,021/64,977 |
Bauxite | Wmt | 469,322 | 347,139 |
Alumina | Ton | 33,830 | 40,992 |
With a good resource profile and nickel ore | Pursuant to the Company's aim to enhance | |
reserves, in line with the Company's nickel | Logam Mulia gold product, during the 1Q23 | |
segment development plan, ANTAM will | period, ANTAM through the Precious Metals | |
strengthen the Company's business scale | Processing and Refining Business Unit, | |
through the efforts to develop nickel mineral | launches the gold thematic product of the | |
downstream, including to support the | Chinese New Year 2023 AD/2574 Kongzili | |
development of the National Electric Battery | and Eid Al-Fitr 2023/1444 H. The gold three- | |
industry. | dimensional (3D) pattern was equipped on | |
GOLD | the product design which was marked as the | |
first implemented 3D gold design pattern in | ||
In 1Q23, ANTAM recorded unaudited gold | Indonesia. ANTAM also put the addition of | |
securities feature through microtext, QR | ||
production volume of 304 kg (9,774 t.oz) | code and rainbow effect on the new | |
from the Company's gold mines. The | thematic products. | |
achievement is inline with the gold | ||
production target in 2023 of 1,167 kg | ANTAM through the Precious Metals | |
(37,519 troy oz.). | Processing and Refinery Business Unit is the | |
Meanwhile, the gold sales volume within | only gold refining plant in Indonesia with | |
"Good Delivery List Refiner" accreditation | ||
1Q23 reached 7,223 kg (232,225 troy oz.), | from the London Bullion Market Association | |
rose 10% from the gold sales volume in | (LBMA). | |
1Q22 of 6,575 kg (211,391 troy oz.). In 2023, | ||
ANTAM remains | focus on domestic | BAUXITE |
customer base market development, which is | ||
line with the increase in public awareness of | In 1Q23, ANTAM recorded unaudited | |
investing in gold and the growing demand | bauxite ore production volume, which was | |
for gold in the domestic market. | used as ore feed for alumina production and | |
as well as being sold to the third party |
1Q22 | 1Q23 | ||
Commodity | Unit | (Jan - Mar) | (Jan - Mar) |
2022 | 2023 | ||
Ferronickel | TNi | 5,660 | 4,287 |
Nickel Ore | Wmt | 2,330,434 | 3,444,574 |
Gold | Kg/t oz | 6,575/211,391 | 7,223/232,225 |
Silver | Kg/t oz | 2,801/90,054 | 2,244/72,146 |
Bauxite | Wmt | 102,373 | 84,267 |
Alumina | Ton | 34,822 | 33,069 |
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customer, amounted to 347 thousand wmt. | Southeast Sulawesi and also Tanjung Buli, | |||
Meanwhile, unaudited bauxite ore sales | North Maluku. | |||
volume in 1Q23 reached 84 thousand wmt. | ||||
In 2023, the Company will focus on | In North Konawe, ANTAM conducted | |||
development of bauxite domestic sales | geological mapping, core sampling, core | |||
market. | logging, grid measurement & re- | |||
measurement, | yardstick | installation, | space | |
ALUMINA | drilling. In Pomalaa, ANTAM conducted | |||
In line with ANTAM strategy to optimize the | geological mapping, core sampling, core | |||
logging, grid measurement & re- | ||||
operations of Tayan CGA plant as well as | measurement, | yardstick | installation | and |
prioritizing the alumina marketing activity, | single tube drilling. Meanwhile in Tanjung | |||
ANTAM through its subsidiary which | Buli, ANTAM conducted geological mapping, | |||
operates the Tayan CGA Plant, PT Indonesia | core sampling, core logging, surface | |||
Chemical Alumina, during 1Q23 was | sampling, path measurement, yardstick | |||
producing as much as 40,992 ton alumina | installation and single tube drilling. | |||
(unaudited), hiked by 21% from 1Q22 | ||||
alumina production of 33,830 ton. | BAUXITE |
The 1Q23 unaudited alumina sales volume Bauxite exploration activities in 1Q23 were reached 33,069 ton alumina, relatively stable conducted in Tayan, Mempawah and Landak, compare to the 1Q22 sales of 34,822 ton West Kalimantan. In the area, ANTAM
alumina.
EXPLORATION ACTIVITIES
ANTAM's exploration activities were focused on gold, nickel and bauxite in 1Q23, with total unaudited preliminary expenditure of Rp37.53 billion.
GOLD
conducted geological mapping, grid/polygon measurement, geodetic GPS measurement, test pit, logging test pit, test pit sampling and rock measurement.
During 1Q23, ANTAM conducted gold exploration activities in Pongkor, West Java. In Pongkor, ANTAM conducted surface drilling.
NICKEL
Nickel exploration activities in 1Q23 were conducted in North Konawe and Pomalaa,
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PT Aneka Tambang (Persero) Tbk published this content on 02 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 May 2023 15:02:08 UTC.