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PT Antam (Persero) Tbk (ASX:ATM)

ALERT: Price-sensitive ASX Announcement for ATM
Current share price for ATM : $0.920 -0.13 (-12.38%)+
Announcement
Release
28 Oct 2025 8:19AM
Price at Release
$1.050
Full Release
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Summary
In the third quarter of 2025, Aneka Tambang (ANTAM) showcased robust performance across its various operations, despite challenges such as global oversupply in nickel and limited growth in the domestic bauxite industry. ANTAM reported significant increases in production and sales across gold, nickel, and bauxite. Specifically, gold sales rose by 20% compared to the previous year, driven by strong domestic demand. Nickel ore production increased by 72%, and bauxite production saw an impressive surge of 263%. The company also focused on sustainability initiatives, reflected in improved ESG ratings and a commitment to clean energy in its operations. ANTAM continues to explore opportunities to strengthen its raw material supply chains and enhance operational efficiency. The company also achieved a renewable energy mix of 94% at its Precious Metals Processing and Refinery Business Unit, demonstrating its dedication to supporting national decarbonization targets.
Key Points
  • Gold sales increased by 20% in 9M25.
  • Nickel ore production rose by 72% in 9M25.
  • Bauxite production surged by 263% in 9M25.
  • ANTAM achieved a renewable energy mix of 94% at its refinery.
  • Implemented strict cost-efficiency and operational effectiveness measures.
  • Engaged in sustainability initiatives, improving ESG performance.
  • Focused on securing reliable sources of raw materials.
  • Achieved a medium-risk Sustainalytics score.
  • Conducted extensive exploration activities for strategic minerals.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.