PT Ancora Indonesia Resources Tbk is an Indonesia-based natural resource company. The Company's business lines include mining, trading, transportation and services, which is conducted through its subsidiaries. The Company, through its subsidiary, PT Multi Nitrotama Kimia (MNK), is a blasting service provider. MNK is a manufacturer, importer and distributor of explosives, such as ammonium nitrate and nitric acid. Ammonium nitrate and nitric acid are compounds used as explosives in coal and mineral mining operations, public works and the cement industry. The Company, through its subsidiary, PT Bormindo Nusantara (BN), is an oil and gas drilling contracting company specializing in onshore rigs in Indonesia. BN also offers a range of drilling-related services, including high pressure well control equipment, special drilling pipes, drilling register and monitoring systems, top drive drilling and rig transfer equipment. BN also provides workover services and well management services.
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