PT ANTAM Tbk

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Development Projects

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:

Haltim Ferronickel Plant Development Project
Nickel processing to ferronickel

Est. project cost	± US$250 million for Line 1 (without power plant)
Capacity	13,500 TNi pa capacity (Line 1)
Status	Construction
	First piling ceremony was held on April 25, 2017
	Project construction is running on time, with the physical project completion by 97% up to September 2019
Est. completion	Production phase in 2020

Mempawah Smelter Grade Alumina Refinery (SGAR) Project
Bauxite processing to smelter grade alumina (SGA)

Est. project cost	± US$850 million for Stage 1
Capacity	1 million tons of SGA pa (Stage 1)
Status	Signed JV formation between PT Indonesia Asahan Aluminium (Persero) and ANTAM
Status	The project initiation inauguration was held on April 2019.
Est. completion	Production phase will enter on 2022.