PT Antam (Persero) Tbk

Development Projects
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As Antam's main objective is to enhance shareholder value by lowering costs while profitably expanding operations in a sustainable manner, we aim to sustain growth through reliable expansion projects, strategic alliances, acquisitions, increasing quality reserves and adding value by moving away from selling raw materials and increasing processing activities.

Our Exciting Projects currently include:
  • Tayan Chemical Grade Alumina (CGA) Project:
    Location: Tayan, West Kalimantan.
    Estimated project cost of US$450 million with planned production capacity of 300,000 ton of Chemical Grade Alumina pa.
    An unincorporated consortium of PT Wijaya Karya (Persero) Tbk, Tsukishima Kikai Co. Ltd. and PT Nusantara Energi Abadi (Nusea) was selected as the EPC contractor.
    Financing support from JBIC and consortium of Japanese banks.
    Current stage: Construction.
    Estimated commercial operation in 2014.
  • East Halmahera FeNi Project:
    Location: Buli, East Halmahera, North Maluku.
    Estimated project cost of US$1.6 billion (including power plant) with production capacity of 27,000 ton Ni pa.
    Current stage: Construction.
    Estimated commissioning at the end of 2014.
  • Modernisation and Optimisation of Pomalaa Ferronickel Smelters-Development of Pomalaa Coal Fired Power Plant Project:
    Location: Pomalaa, Southeast Sulawesi.
    Aims to increase the efficiency of the existing ferronickel smelters, including the development of 2x30MW coal fired power plant.
    Estimated project cost of between US$450-500 million.
    Current stage: Construction.
    Estimated completion in 2014.
  • Mempawah Smelter Grade Alumina (SGA) Project:
    Location: West Kalimantan.
    Estimated project cost of US$1 billion with production capacity of 1.2 million metric ton of SGA pa.
    Current stage: Feasibility Study.
    Estimated commercial operation in 2016.
  • Mandiodo Nickel Pig Iron (NPI) Project:
    Location: North Konawe, Southeast Sulawesi.
    Estimated project cost of US$350-400 million with 1st stage production capacity of 120,000 ton of NPI pa.
    Includes development of stainless steel facilities in the future.
    Current stage: Feasibility Study.
    Estimated commercial operation in 2016.
For the latest status on Antam’s development initiatives please refer to Development section of our latest Corporate Presentation
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