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PT Antam (Persero) Tbk (ASX:ATM)

ALERT: Price-sensitive ASX Announcement for ATM
Current share price for ATM : $0.900 -0.06 (-6.25%)+
Announcement
Release
28 Apr 2026 7:29PM
Price at Release
$0.960
Full Release
download
Summary
In the first quarter of 2026, Aneka Tambang (Persero) Tbk (ANTAM) focused on integrated mineral exploration across various locations including Pongkor, West Java for gold, and North Konawe and Pomalaa, Southeast Sulawesi for nickel. The company also carried out bauxite exploration in Tayan and Landak, West Kalimantan. Throughout the quarter, ANTAM achieved a bauxite production of 628,785 wet metric tons (wmt), with a sales increase of 9% compared to the previous year. Gold production reached 201 kg with significant sales of 8,464 kg. Ferronickel production stood at 3,976 tons of nickel in ferronickel (TNi), while sales were 2,803 TNi. The company's IDX share price averaged IDR3,989 per share, and it launched a themed gold bar for the Lunar New Year. Additionally, ANTAM took significant steps towards strengthening the national integrated battery ecosystem through a collaboration with IBC and Huayou.
Key Points
  • ANTAM conducted gold exploration in Pongkor, West Java.
  • Nickel exploration activities planned in North Konawe and Pomalaa, Southeast Sulawesi.
  • Bauxite exploration in Tayan and Landak, West Kalimantan.
  • Bauxite production of 628,785 wmt and sales of 593,476 wmt in 1Q26.
  • Gold production of 201 kg and sales of 8,464 kg in 1Q26.
  • Ferronickel production of 3,976 TNi and sales of 2,803 TNi in 1Q26.
  • Average share price on IDX for 1Q26 was IDR3,989 per share.
  • ANTAM launched a Lunar New Year-themed gold bar 'Year of the Horse'.
  • Strengthened national integrated battery ecosystem through collaboration with IBC and Huayou.
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.