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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.
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)|
|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|
|The project initiation inauguration was held on April 2019.|
|Est. completion||Production phase will enter on 2022.|