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PT Aneka Tambang Tbk, colloquially known as Antam, is an Indonesian mining company. The company primarily produces gold and nickel, and is the largest producer of nickel in Indonesia . Until 2017, Antam was a directly state-owned company , before its ownership was transferred to PT Mineral Industri Indonesia (Persero) or MIND ID, a government ...
Perusahaan Perseroan (Persero) are SOEs which are perseroan terbatas (PT) (i.e. a joint-stock company). This type of SOE is more independent than the Perums and the main goals of these firms are to gain profits and contribute to government revenue .
Nickel production in Indonesia is primarily conducted by Vale's PT Vale Indonesia and Aneka Tambang, [12] whose combined employment was 5,820 people in 2017, not accounting for jobs related to processing and in metallurgical industries such as the 43,000 employees at Morowali Industrial Park.
PT Adaro Energy Indonesia Tbk is an Indonesian coal mining company, the country's second-largest by production volume and largest by market capitalisation. In the 2023 Forbes Global 2000 , Adaro Energy was ranked as the 1393th-largest public company in the world. [ 1 ]
In 1996 the PT Gag Nikel company was formed as a joint venture agreement between BHP (75%) and Indonesia's state-owned mining company, Aneka Tambang (25%). A contract of work was awarded in February 1998, and a program of exploration and preliminary evaluation was conducted.
Pertamina fuel station in Bali. PT Pertamina (Persero) [a] is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. [3] It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established in 1957).
Nickel exploration activities in Weda Bay, 2005. Nickel deposits were discovered in the Weda Bay area in Central Halmahera in 1996, and a joint venture between Canada-based Weda Bay Minerals and Antam (10%) was established in 1997.
PT Berau Coal Energy also issued US$500 million worth of 7.25% guaranteed senior notes in 2017. Both the 2015 and 2017 notes are currently in default. Since July 2015, the Berau Group has brought 4 separate rounds of scheme of arrangement / moratorium proceedings, with terms which have been described as “frankly insulting” at a time when ...