{
    "success": true,
    "data": {
        "id": 1796301,
        "msgid": "antam-ready-to-engage-in-nickel-downstreaming-and-electric-vehicle-projects-1781103293",
        "date": "2026-06-10 20:35:35",
        "title": "Antam Ready to Engage in Nickel Downstreaming and Electric Vehicle Projects",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Mining",
        "summary": "State-owned mining company PT Aneka Tambang (Antam) has committed to accepting a special government assignment to accelerate the national nickel downstreaming programme. The initiative involves developing an integrated battery ecosystem from upstream mining to battery recycling. This move aims to boost the added value of Indonesia's mineral resources and strengthen the country's position in the global supply chain.",
        "content": "<p>PT Aneka Tambang Tbk (ANTM) is committed to accepting special\nassignments from the Government to accelerate the nickel downstream\nprogramme and the development of the national electric vehicle battery\necosystem.<\/p>\n<p>In a statement following the Annual General Meeting of Shareholders\n(AGMS), Antam\u2019s President Director, Untung Budiharto, stated that the\ncompany will continue to strengthen business development based on\ndownstreaming and the integration of the mineral value chain, in line\nwith the national development agenda.<\/p>\n<p>\u201cThrough various integrated strategic projects, ANTAM will not only\nincrease added value but also support the strengthening of national\nindustrial independence and Indonesia\u2019s position in the global\nindustrial supply chain,\u201d said Untung.<\/p>\n<p>The assignment includes the development of an integrated nickel-based\nbattery ecosystem from upstream to downstream. This encompasses mining\nactivities, the construction of RKEF\/RKSBF plants, HPAL facilities,\nrefineries, precursors, cathodes, battery cells, and battery recycling\nfacilities.<\/p>\n<p>The development of this ecosystem is expected to increase the added\nvalue of national mineral resources, expand the Company\u2019s revenue\nstreams, strengthen long-term business resilience, and support\nsustainable growth for all stakeholders.<\/p>\n<p>This assignment will be carried out through a collaboration between\nANTAM and PT Industri Baterai Indonesia (IBI) alongside HYD Investment\nLimited, a consortium consisting of Zhejiang Huayou Cobalt Co., Ltd.,\nEVE Energy Co., Ltd., and PT Daaz Bara Lestari Tbk., acting as strategic\npartners in the development of an integrated electric vehicle battery\necosystem in Indonesia.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/antam-ready-to-engage-in-nickel-downstreaming-and-electric-vehicle-projects-1781103293",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}