Gold and Nickel Royalties to Increase, Antam Begins Assessing Impact
PT Aneka Tambang Tbk (ANTM) has responded to the government’s plan to adjust royalty rates for several mineral commodities through revisions to Government Regulation (PP) No. 19 of 2025.
Gold and nickel are among the commodities included in the planned royalty adjustments. Both are core components of ANTM’s business portfolio.
Aneka Tambang’s Corporate Secretary Division Head, Wisnu Danandi Haryanto, stated that ANTM respects and supports every government policy aimed at strengthening governance in the mining sector and optimising state revenues from natural resources.
As a diversified mining company, ANTM continues to monitor developments in the regulation, including its potential impacts on the national mineral industry, particularly gold and nickel.
“However, Antam assesses that the company’s current business fundamentals remain strong, supported by an integrated business portfolio from upstream to downstream, commodity diversification, operational efficiency, and strengthening of downstream business and added value of minerals,” he told Kontan on Sunday (10/5/2026).
According to him, ANTM continues to maintain cost management discipline and operational excellence to remain competitive amid industry dynamics and policy changes.
Therefore, the company hopes that the impact of the policy can still be managed prudently and measurably so as not to significantly disrupt business continuity.
Such steps are taken to increase the added value of mineral products domestically.
ANTM is also strengthening synergies with the national industrial ecosystem and maintaining business flexibility to remain adaptive to regulatory changes or global market volatility.
In addition, the company remains focused on executing its established operational targets and performance.
“Going forward, the company will continue to make necessary strategic adjustments to maintain healthy, sustainable growth and provide optimal contributions to the state and all stakeholders,” Wisnu concluded.
On Friday’s trading (8/5/2026), ANTM shares closed down 6.44 percent at Rp 3,630 per share.