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PT Antam (Persero) Tbk (ASX:ATM)

ALERT: Price-sensitive ASX Announcement for ATM
Current share price for ATM : $0.900 -0.2 (-18.18%)+
Announcement
Release
30 Jan 2026 7:53PM
Price at Release
$1.100
Full Release
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Summary
During the fourth quarter of 2025, Aneka Tambang (Persero) Tbk (ANTAM) demonstrated significant growth in its mineral production and sales, achieving record highs in nickel ore, bauxite, and chemical grade alumina output. The company pursued sustainable business development through mineral downstreaming with projects including the establishment of a precious metals manufacturing facility in Java and participation in Indonesia's evolving EV battery ecosystem. ANTAM also responded promptly to environmental challenges, deploying emergency teams to assist in disaster-stricken areas. They held an Extraordinary General Meeting to amend the company's Articles of Association and plan for future governance, while their exploration efforts spanned multiple Indonesian regions focusing on nickel and bauxite. ANTAM's commitment to enhancing domestic value is evident in their strategic projects and operational resilience, even amid regulatory changes.
Key Points
  • ANTAM achieved its highest nickel ore production and sales in over a decade, with production of 16.11 million wet metric tons and sales of 14.58 million wet metric tons in FY25.
  • Ferronickel production reached 16,064 tons of nickel in ferronickel with a sales volume of 10,528 tons in FY25.
  • Gold sales in FY25 were recorded at 37,406 kg, with production reaching 743 kg.
  • ANTAM noted the highest bauxite production and sales in its history, with 2.83 million wet metric tons produced and 1.89 million wet metric tons sold in FY25.
  • Chemical Grade Alumina production and sales also reached historical highs with production at 181,690 tons and sales of 180,221 tons.
  • The company's efforts in mineral downstreaming are reflected in ongoing projects to enhance domestic value through the development of a precious metals manufacturing facility and integration into Indonesia’s EV Battery ecosystem.
  • ANTAM held an Extraordinary General Meeting of Shareholders in 2025, approving amendments to the Company's Articles of Association and the delegation of authority for future planning.
  • ANTAM's exploration activities included nickel in Pomalaa, North Konawe, and Buli, as well as bauxite in Tayan, Landak, and Mempawah-Toho.
  • The company took immediate action to respond to natural disasters in Indonesia, deploying emergency response teams and providing aid.
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.