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ANTAM realizes that improving economic performance is the key to the Company’s sustainability. Multiple challenges in the mining industry are opportunity for ANTAM to continue to develop its business, which has an impact on improving the Company’s economic performance.
In 2019, the Company successfully recorded increasing of ferronickel and gold sales from previous year. ANTAM is listed as one the world’s low-cost ferronickel producer with a cash cost of US$3.95 per pon nickel, making ANTAM’s ferronickel products quite competitive in the global market. In addition, other commodities such as nickel ore and bauxite ore also increase in 2019 sales.
ANTAM’s expansion and business development through mineral downstream policy is the key to the Company’s future sustainability. The downstream policy of mining products which are in line with the current objectives of the Indonesian government is carried out by the Company to increase the added value of mining products.
In 2019, ANTAM tried to accelerate the completion of ANTAM’s Mineral Downstream Development Project including the construction of East Halmahera Ferronickel Plant Project and Mempawah Smelter Grade Alumina Refinery Project.
For further information of ANTAM's Sustainable Economic may catch under following link.