Indonesian Political, Business & Finance News

Nickel Expansion Becomes the Growth Engine for Andalan's Mining Company

| | Source: KOMPAS Translated from Indonesian | Business
Nickel Expansion Becomes the Growth Engine for Andalan's Mining Company
Image: KOMPAS

Jakarta — The national mineral and coal mining sector currently faces challenges from global dynamics, ranging from market uncertainty due to geopolitical situations to rising operating costs in the field. These conditions push industry players to become more adaptive in maintaining mine productivity while strengthening their position in the global mineral supply chain. Amid these challenges, PT Andalan Artha Primanusa (Andalan), a mining services contractor, reinforces its position through efficiency strategies and operational excellence. The company also adopts a selective approach in choosing new contracts to maintain the quality of its business portfolio and ensure sustainable operations. The strategy is reflected in the company’s financial performance in 2025. Andalan posted an EBITDA margin of 39 percent, reaching Rp145.4 billion. This achievement occurred amid force majeure challenges and extreme weather that have shadowed the mining industry. The company projects revenue to grow at a CAGR of 28 percent, from Rp949.6 billion in 2026 to Rp1.41 trillion in 2027. By 2028, revenue is targeted to reach Rp1.55 trillion. EBITDA is expected to grow at a CAGR of 21 percent to Rp514.2 billion in 2028. Net profit is targeted to rise at a CAGR of 31 percent to Rp223.9 billion over the same period. “Our focus going forward is to maintain this solid and measured growth commitment to deliver long-term value for all stakeholders,” said Andalan Artha Primanusa’s Chief Executive Officer Gahari Christine in a press release on Tuesday, 19 May 2026. The company places operational excellence at the core of ensuring efficiency, reliability, and consistent execution quality across all lines of operation. Andalan applies an end-to-end mining services model through an integrated operational system that covers planning, precise execution, and periodic evaluation. The system is integrated from the early exploration stages, core production activities, to post-mining reclamation.

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