Search result for: "smelter"

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.

Adaro Energy, Tbk (ADRO IJ), not to prepare a plan of corporate action such as the acquisition of new mines. Currently, Adaro will focus boost electricity project, in particular, to complete the project of steam power plant (Pembangkit Listrik Tenaga Uap/ PLTU).

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.

Timah, Tbk (TINS:IJ) has determined the allocation of capital expenditure (capex) for next year. Capex will be focused on investments in the field of mining, both land or sea mines, and investing activity for foundries or smelters. Company ensured the production will be greater than the targets this year of 35,000 tons. The increase in.

Timah, Tbk (TINS:IJ) have budgeted capital expenditure (capex) amounting to IDR1Trn to IDR1.5Trn next year. These funds will be used to increase the capacity of production, exploration, and purchase of equipment. Capex fund will be taken from the internal cash, and company will also build processing and refining (smelters) in Muntok, West Bangka. These smelter.

Timah, Tbk (TINS:IJ) have budgeted capital expenditure (capex) ranged from IDR1Trn to IDR1.5Trn in 2018. These capex allocation plan is smaller than this year’s budget, namely IDR2.6Trn. According to company’s statement, the 2018 capex budget will be taken from internal cash flow. The funds plan will be used to enlarge the capacity.

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.

Adaro Leader The Pack. Buy initiation; target price Rp2,900. Our Buy recommendation hinges upon ADRO’s, First, strong exposure to the domestic coal market, Second, proven record for production growth, Third, sizeable coal reserves, and Fourth, financing capability for expansion. As well as, our end-2011 DCF target price is Rp2,900, which implies 16.3x 2012F earnings. Furthermore,.