Search result for: "ANTM"

Some coal company assets increased over the past year, one of them Bukit Asam (Persero), Tbk (PTBA IJ). Over the past year total assets to IDR24.17Trn rose 9.91%, from year 2017 IDR21.99Trn. Secretary of PTBA, Suherman convey the presence of asset growth comes from the additional.

In addition to the plan of downstream, Bukit Asam, Tbk (PTBA IJ) will also continue the development project of Steam Power Plant (PLTU) and Diesel Power Plant.

Aneka Tambang, Tbk (ANTM IJ) continues to spur production and sales performance this year. To maintain continuity, Antam ever put up strategies to safeguard the vast gardens reserves and resources. As part of.

Aneka Tambang, Tbk (ANTM:IJ) recorded an increase in gold sales to 385% YoY to 13.1 tonnes in 1H18, compared to 1H17 of 2.7 tonnes. Jump in their gold sales driven by the company’s market development strategy amid low gold prices, In addition, Antam’s ferronickel production also increases by 33% YoY to 12,400 kilograms (kg) in.

Tambang Batubara Bukit Asam, Tbk (PTBA:IJ) in need of capital expenditure (capex) amounting IDR4Trn to IDR5Trn in 2018. While the proceed will be used for an expansion plan, such as: the development of steam power plant (PLTU) in South Sumatra 8 with capacity of 2x600MW. In the next future, company will acquisition some PLTU owned.

Aneka Tambang, Tbk (ANTM:IJ) has estimated capital expenditure (capex) for the year 2018, since the fund is for the construction of a smelter. Company has estimated capex of IDR2.8Trn to the year 2018, and will be used for financing the construction of a smelter feronikel in East Halmahera. While, the fund came from state capital.

PT Aneka Tambang (Persero), Tbk (ANTM IJ), a diversified metal mining company in Indonesia, realized its right issue fund worth IDR687.17bn until September 2017, from totaling worth IDR5.35trn. Company is already utilized fund for Halmahera feronickle factory phase 1 project worth IDR686.89, and working capital.

Aneka Tambang, Tbk (ANTM IJ), is one of the largest miners in Indonesia, reported its Earnings Before Interest, Tax and Depreciation (EBITDA) worth IDR361.8bn during 1H2017, or higher 35% compared to same period 2016. For the record, the average nickel price at level USD4.55 per pound, and gold at USD1,272 per oz during 1H2017. In.

Pemeringkat Efek Indonesia (Pefindo) has downgraded the rating for Aneka Tambang, Tbk (ANTM IJ) to idBBB+/Stable from idA-/Negative, underpinned by the weaker nickel prices which then pressures its already weak profitability following the ban on exports of unprocessed mineral ores. The company has high debt level used to finance the construction of its downstream processing.

On rating front, Pemeringkat Efek Indonesia (Pefindo), local rating agency, downgraded two companies last week; Aneka Tambang, Tbk (ANTM:IJ) and Wika Realty. Aneka Tambang was lowered to A-/negative (from A/negative) on the back of weakening business margin due to the decline ferronickel prices amid increasing funding needs for the expansion of capacity of ferronickel plant.