Tuesday, February 23, 2021

This World's Largest Nickel Company Stock Will Triple by 2024

We are mining and exporting Gold, Nickel, Copper, Silver, Zinc, Bauxite/Aluminium and Coal. We also have largest nickel reserve in the world. Our nickel reserve are 353,74 million wet metric ton (wmt) or 230 million dmt, and nickel resources: 1,36 billion wmt or 884 million dmt. 

ANTAM’s main products are high grade nickel ore, also known as saprolite, low grade nickel ore, also known as limonite, ferronickel, gold, silver,and bauxite. ANTAM’s main services are precious metal refining and geological services.

PRODUCTS & SERVICES 

  • Precious Metal Price
  • Base Metal Price
  • Nickel (Nickel Matte, Ferronickel)
  • Gold & Precious Metal Refining
  • Bauxite & Alumina
  • Copper
  • Coal
  • Iron Ore
  • Selenium
  • Paladium
  • Platinum
  • Zinc
  • Silver
  • Exploration Services
  • CSR

BATTERY PROJECT 2024

President Director of the Indonesian Mining Industry or MIND ID (a super holding enterprise that oversees five mining companies: Aneka Tambang, Bukit Asam, Freeport Indonesia, Indonesia Asahan Aluminium and Timah.) Orias Petrus Moedak has confirmed that the Indonesian Holding Battery will manage the electronic vehicle (EV) battery industry in Indonesia in an integrated manner from upstream to downstream. This holding will later take care of the battery supply chain from upstream to downstream in 2024.

Furthermore, Orias explained, PT Aneka Tambang Tbk (ANTM) will work on the upstream or nickel mining to supply raw materials. Meanwhile on the downstream side, Pertamina and PT Perusahaan Listrik Negara (Persero) or PLN will run it.

Furthermore, Orias said that the total project value could reach US $ 12 billion from the two manufacturers of electric vehicle (EV) batteries or batteries for the world's largest electric vehicle, namely Contemporary Amperex Technology Co. Ltd (CATL) from China and LG Chem Ltd from Korea.

"The project value is 11 billion US dollars in total. From the minister, 12 billion US dollars, because the derivative is further away. So that the figure could be up to 20 billion US dollars if a third partner comes in. The calculation is now 12 billion US dollars from upstream to downstream. , "he said.

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