PT Aneka Tambang (Persero) Tbk (ANTM), known as Antam, recorded a net\nprofit of Rp6.91 trillion for the first half of 2026. This achievement\nrepresents a 34% growth compared to the Rp5.14 trillion recorded in the\nfirst half of 2025.<\/p>\n
In line with the increase in current period profit, Antam recorded\ngrowth in Earnings Before Interest, Taxes, Depreciation, and\nAmortization (EBITDA) at Rp9.62 trillion in 1H26, an increase of 35%\ncompared to the 1H25 EBITDA of Rp7.11 trillion.<\/p>\n
Antam\u2019s Finance and Risk Management Director, Arini Kasmira, stated\nthat the company is strengthening its business fundamentals through the\noptimisation of operational performance, commodity portfolio management,\nand the development of downstream processing for three main commodities:\ngold, nickel, and bauxite.<\/p>\n
Antam\u2019s profit achievement was driven by revenue of Rp62.71 trillion,\noperational optimisation, commodity portfolio management, and discipline\nin maintaining efficiency and financial health.<\/p>\n
\u201cAntam continues to focus on maintaining financial fundamentals\nthrough disciplined cost management, optimisation of operational\nperformance, and strengthening business in key commodities,\u201d Arini said\nduring a virtual public expose on Thursday (10\/9\/2026).<\/p>\n
In the first half of 2026, Antam recorded gold sales volume of\napproximately 18.1 tonnes, with revenue from the gold business amounting\nto approximately Rp50.39 trillion. This achievement contributed\npositively to the Company\u2019s performance throughout the first semester of\n2026.<\/p>\n
According to her, in conducting the gold business, Antam continues to\nfocus on strengthening the value chain and maintaining business\nsustainability by considering market dynamics. These efforts are carried\nout through strengthening raw material supply, increasing processing and\nmanufacturing capabilities, and developing market access.<\/p>\n
Additionally, Antam is preparing the development of a Precious Metal\nmanufacturing facility in Gresik, with a projected capacity of\napproximately 3t tonnes per year, which is currently in the\npre-construction stage.<\/p>\n
\u201cAt the same time, Antam continues to optimise its nickel and bauxite\nportfolio to strengthen the Company\u2019s business diversification,\u201d added\nArini.<\/p>\n
She further explained that for the nickel commodity, throughout the\nfirst half of 2026, Antam booked nickel ore production of approximately\n7.78 million wet metric tonnes (wmt) and a sales volume of approximately\n6.77 million wmt. All of Antam\u2019s nickel ore sales during this period\nwere directed towards meeting domestic market needs.<\/p>\n
Antam continues to develop nickel downstreaming as part of the effort\nto increase the added value of mineral resources within the country. The\ndevelopment of this value chain includes mining, RKEF and HPAL, up to\nbattery materials and battery cells as part of the development of the\nelectric vehicle battery ecosystem.<\/p>\n
\u201cDownstreaming development is an important part of Antam\u2019s long-term\ngrowth strategy. We want to ensure that the Company\u2019s resources can\nprovide increasingly optimal added value through the development of a\nmore integrated business chain, while still considering project economic\naspects and risk management,\u201d explained Arini.<\/p>\n
For the bauxite commodity, Antam is also strengthening the value\nchain integration from mining to alumina products. Antam has bauxite\nmines in Tayan as well as Chemical Grade Alumina (CGA) facilities\nthrough PT Indonesia Chemical Alumina with an installed capacity of\n300,000 tonnes per year.<\/p>\n
Furthermore, Antam holds a 40% stake in the Smelter Grade Alumina\n(SGA) Mempawah facility with an installed capacity of 1 million tonnes\nper year.<\/p>\n
As of the first half of 2026, the Company recorded total assets of\nRp61.27 trillion, total equity of Rp38.53 trillion, and cash and cash\nequivalents of Rp9.23 trillion.<\/p>\n
This financial position serves as a foundation for Antam in executing\nits growth agenda while prioritising principles of prudence, investment\ndiscipline, and risk management.<\/p>\n
\u201cWe will continue to maintain the balance between business growth,\ninvestment discipline, and risk management. Every development agenda\nwill be carried out prudently to provide optimal added value while\nmaintaining the long-term financial health of the Company,\u201d said\nArini.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/antam-performance-surges-nickel-downstreaming-strengthened-1789041891", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }