Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  INDONESIA STOCK EXCHANGE  >  PT Aneka Tambang Tbk    ANTM   ID1000106602

PT ANEKA TAMBANG TBK

(ANTM)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

PT Aneka Tambang Tbk : Antam Switches On Feni II Smelting Plant

share with twitter share with LinkedIn share with facebook
share via e-mail
04/12/2012 | 09:57pm EDT
PT ANTAM (Persero) Tbk ANTAM SWITCHES ON FENI II SMELTING PLANT Optimisation to improve operational e?ciency and safety level

FOR MORE INFORMATION PLEASE CONTACT:

Ir. Tedy Badrujaman, MM (Corporate Secretary)

Tel : (6221) 789 1234

Fax : (6221) 789 1224

Email :

corsec@antam.com
Website: www.antam.com

For Immediate Release

Jakarta, April 12th, 2012 - PT ANTAM (Persero) Tbk (IDX: ANTM; ASX: ATM; Antam) is pleased to announce it has switched on the FeNi II ferronickel smelter following the completion of its optimisation program. The optimisation on FeNi II began Janu- ary 21, 2012. Switch on of the smelter begins today on April 12,

2012 during an o?cial ceremony held at Antam's Southeast Su- lawesi Nickel Mining Business Unit at Pomalaa in Southeast Sula- wesi. The optimisation program ?nished earlier than expected and costing less than the budgeted Rp187 billion. Antam partial- ly funded the optimisation program from the Rupiah denomi- nated bonds issued at the end of last year. Following the switch on, the load will gradually be increased and a return to full load is expected by May 2012. Antam aims to increase the operati- onal e?ciency and safety level of the smelter following the opti- misation program.
Antam's President Director, Alwinsyah Lubis said:

"The optimisation of FeNi II smelter is part of our strategy to improve operational e?ciency and safety level. Soon, we will also begin the modernisation and optimisation project of FeNi I smelter, which includes the development of a 2 x 30MW coal ?red power plant, increasing the capacity of FeNi smelter, the development of Rotary Kiln 4 and upgrades of supporting facilities such as the jetty and belt conveyor."

The 75-days optimisation program included the replacement of the furnace roof, utilising an improved design as well as the op- timisation of the furnace sidewall through the reinforcement of the copper cooler system to improve the e?ciency of the ener- gy use. Antam also plans to install Gas Cleaning Technology si- milar to Furnace-3 to reduce the emission level of the smelter. Despite the 75-days optimisation program, Antam maintains its ferronickel production target of 18,000 tons of nickel contained in ferronickel (TNi) in 2012.
###

1

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on PT ANEKA TAMBANG TBK
03/17PT ANEKA TAMBANG TBK : ANTAM to Conduct Share Buyback
AQ
03/16PT ANEKA TAMBANG TBK : Disclosure of Information in Relation to the Planning of ..
PU
2019ANEKA TAMBANG TBK PT : Indonesia allows nine companies to resume nickel ore expo..
RE
2019Miners welcome Indonesian export ore ban, plan smelting expansion
RE
2019ANEKA TAMBANG TBK PT : ANTAM Remains Part of LQ45 and IDX30 Index in Indonesia S..
AQ
2019ANEKA TAMBANG TBK PT : ANTAM Receives the CSA Award 2019 in Value Stock Category
AQ
2019ANEKA TAMBANG TBK PT : ANTAM's Committed in Distribution of Earthquake Assistanc..
AQ
2019ANEKA TAMBANG TBK PT : ANTAM Receives Indonesia Most Innovative Business Award a..
AQ
2019ANEKA TAMBANG TBK PT : ANTAM'S Nickel Commodity Recorded Positive Performance Gr..
AQ
2019ANEKA TAMBANG TBK PT : PT Aneka Tambang Tbk - Antam Receives the Investor Awards..
AQ
More news
Financials (IDR)
Sales 2019 29 883 B
EBIT 2019 1 842 B
Net income 2019 990 B
Debt 2019 6 835 B
Yield 2019 2,81%
P/E ratio 2019 10,5x
P/E ratio 2020 11,5x
EV / Sales2019 348x
EV / Sales2020 330x
Capitalization 10 381 B
Chart PT ANEKA TAMBANG TBK
Duration : Period :
PT Aneka Tambang Tbk Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PT ANEKA TAMBANG TBK
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 7
Average target price 1 085,71  IDR
Last Close Price 432,00  IDR
Spread / Highest target 189%
Spread / Average Target 151%
Spread / Lowest Target 108%
EPS Revisions
Managers
NameTitle
Dana Amin President Director
Dimas Wikan Pramudhito Finance Director
Zakri Muhammad VP-Information & Communication Technology
Buyung Zaelani Commissioner
Gumilar Rusliwa Somantri Independent Commissioner
Sector and Competitors
1st jan.Capitalization (M$)
PT ANEKA TAMBANG TBK4.60%678
FRANCO-NEVADA CORPORATION4.67%18 887
GOLD FIELDS LIMITED6.59%4 770
EVOLUTION MINING LIMITED1.58%4 035
KOZA ALTIN ISLETMELERI AS--.--%1 463
EQUINOX GOLD CORP.-8.41%1 398