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Economic Performance

In 2019, ANTAM’s commodity sales was increase significantly compared to the previous year. This is supported by the fact ANTAM as one of nickel ore supplier in the global market. Besides being sold in the domestic market, ANTAM’s nickel commodity is also exported to China, Taiwan, South Korea, Japan, India and Ukraine. ANTAM’s bauxite ore is exported to China, while Alumina products are exported to several countries among others Thailand, Taiwan, the Philippines, Malaysia, India and Singapore. Meanwhile, aside from being sold on the domestic market, gold commodities are also exported to Singapore and Japan.

Ferronickel production in 2019 reached 25,713 tons of nickel in ferronickel (TNi), an increase of 3% compared to the production volume in 2018 of 24,868 TNi. Meanwhile, ferronickel sales volume was recorded at 26,212 TNi, up by 9% compared to 2018 which was 24,135 TNi.

The Company’s gold commodities from the Pongkor and Cibaliung mines, total production in 2019 is 1,962 kg (63,111 t.oz), relatively stable compared to 2018 which was 1,957 kg (62,963 t.oz). As for bauxite, in 2019 ANTAM was able to produce 1.73 million wet metric ton (wmt) from bauxite mines at West Kalimantan Bauxite Mining Business Unit, an increase of 57% from 2018 of 1.10 million wmt. Meanwhile washed bauxite sales volume reached 1.66 million wmt, an increase by 72.4% compared to the achievements in 2018.

ANTAM’s audited net sales value was Rp32.72 trillion, up by 29% compared to 2018 which was recorded at Rp25.28 trillion (restated). Currently the gold commodity is still the largest contributor to the Company’s revenue reaching Rp22.42 trillion or 69% of total net sales in 2019.

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

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