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As of 4:38 AM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

aneka tambang persero tbk pt (AKT) Snapshot

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07/29/14 - €0.09
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aneka tambang persero tbk pt (AKT) Details

Perusahaan Perseroan (Persero) PT Aneka Tambang Tbk operates as a mining company in Indonesia. The company is involved in the exploration, exploitation, processing, refining, and marketing of nickel ore, ferronickel, gold, silver, bauxite, and coal. It holds interests in various mines located in Southeast Sulawesi, North Maluku, West Kalimantan, Jambi, West Java, and Banten. The company is also engaged in providing precious metal refining and processing services; manufacturing stainless steel; and construction, trading, agriculture, land transportation, and printing businesses. In addition, it operates boutiques for the retail sale of gold. The company serves customers in Europe and Asia. Perusahaan Perseroan (Persero) PT Aneka Tambang Tbk was founded in 1968 and is headquartered in Jakarta, Indonesia.

3,425 Employees
Last Reported Date: 03/6/15
Founded in 1968

aneka tambang persero tbk pt (AKT) Top Compensated Officers

President Director
Total Annual Compensation: $1.9B
Finance Director and Director
Total Annual Compensation: $1.7B
Operations Director and Director
Total Annual Compensation: $1.5B
Human Resources Director and Director
Total Annual Compensation: $944.7M
Development Director and Director
Total Annual Compensation: $1.5B
Compensation as of Fiscal Year 2014.

aneka tambang persero tbk pt (AKT) Key Developments

Aneka Tambang Seeks Partners For Smelter Grade Alumina

Perusahaan Perseroan (Persero) PT Aneka Tambang Tbk. (JKSE:ANTM) seeks partners to support its plan to develop another smelter to process bauxite into lucrative products. Tri Hartono , corporate secretary of Antam said , on March 24, 2015, “The company needed to find further partners to jointly develop a smelter grade alumina (SGA) plant, although it has one partner already including PT Indonesia Asahan Aluminium (Persero), another state-owned company.” “Under the plan, Antam and Inalum will be the domestic majority shareholder in SGA with a stake of at least 51%. However, we will need a partner or partners with the technology and funding for SGA development,” Tri Hartono said. Potential partners come from various countries, including China, according to Tri Hartono.

Perusahaan Perseroan (Persero) PT Aneka Tambang Tbk. Proposes Amendments to its Articles of Association

Perusahaan Perseroan (Persero) PT Aneka Tambang Tbk. proposed the amendments to the articles of association of the company in the annual general meeting of shareholders to be held on March 31, 2015.

PT ANTAM (Persero) Tbk Announces Earnings and Production Results for the Year 2014; Provides Production and Sales Guidance for the Year 2015

PT ANTAM (Persero) Tbk announced earnings and production results for the year 2014. For the year, the company reported taken strategic measures to meet the challenges of the Government's ore export ban policy as well as the lackluster commodity price environment, these challenges adversely affected the company’s financial performance, resulting in a net loss of IDR 775 billion with a revenue of IDR 9.42 trillion. For the year, the company reported the production volume of ferronickel of 16,851 TNi exceeded the 16,500 TNi target. Meanwhile, ferronickel sales reached 19,747 TNi compared to the year's target of 19,700 TNi. Despite the challenges in terms of lower mined gold grade, ANTAM's gold production was recorded at 2,342 kg (75,297 oz) or 93.6% of the year's target. Supported with the sales from 10 Gold Boutiques, ANTAM's gold sales amounted to 9,978 kg (320,800 oz) or 105.2% of the target. To anticipate the challenges in 2015, the company is targeting increases in the production and sales of ferronickel, a growth in the sales of gold, as well as the sales of chemical grade alumina, the company's new commodity. For 2015, the company has set ferronickel production and sales targets of, respectively, 20,400 TNi and 22,000 TNi. In addition, the company is targeting a gold sales of 9,963 kg (320,318 oz). Following the commencement of the commercial operations of the Tayan CGA plant, the company’s targeting a CGA production target of 157,000 ton alumina based with a sales volume of 149,000 ton alumina based in 2015.


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