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Economic Performance

Ferronickel production in 2020 reached 25,970 tons of nickel in ferronickel (TNi), an increase of 1% compared to 2019’s production volume of 25,713 TNi. Meanwhile, ferronickel sales volume was recorded at 26,163 TNi, relatively stable compared to 2019, which amounted to 26,212 TNi Meanwhile, nickel ore production volume was recorded at 4.76 million wet metric tons (wmt), with nickel ore sales volume of 3.30 million wmt.

For gold commodities based in Pongkor and Cibaliung mines, the total production produced in 2020 was 1,672 kg (53,756 t.oz). Gold sales volume in 2020 was 22.10 tons, in line with the adjustment of the focus of the sales strategy on the domestic market. As for the bauxite commodity, in 2020, ANTAM was able to produce 1.55 million wet metric tons (wmt) from the bauxite mine at the West Kalimantan Bauxite Mining Business Unit, with the sales volume of washed bauxite, reached 1.23 million wmt.

ANTAM’s audited net sales value was recorded at Rp27.37 trillion. Currently, gold commodity is still the largest contributor to the Company’s revenue reaching Rp19.36 trillion or 71% of total net sales in 2020.

For further information of ANTAM's Economic Performance may catch under following link.

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