Indonesia Controls 60% of the Global Nickel Market, PP Presisi Transforms into the Mining Sector
Indonesia Controls 60% of the Global Nickel Market, PP Presisi Transforms into the Mining Sector
31 Oct 2025, 10:47 AM 54

PT PP Presisi Tbk. is currently focused on becoming a leading national mining and construction company. This strategy is driven by the significant opportunities in the mining sector that must be seized.PP Presisi’s Operations Director, Yovi Hendra, said the company is capable of independently executing large-scale projects with high operational challenges because it has an adequate heavy-equipment fleet.“We run operations efficiently and innovatively. Our core business lines include mining services and construction, supported by heavy-equipment leasing which is a competitive advantage in maintaining productivity,” he said in Jakarta, Thursday (October 30, 2025).Meanwhile, PP Presisi’s President Director, Rizki Dianugrah, said Indonesia’s natural resources are very strong, strategic, and highly relevant to supporting PP Presisi’s business transformation.“Indonesia accounts for around 60% of global nickel production and ranks first, then sixth for bauxite, and second for tin. Given this potential, PP Presisi’s move to transform toward the mining sector is highly relevant,” he explained.PP Presisi is committed to improving efficiency and productivity through resource optimization, technology adoption, and corporate governance. From early 2025 to September, PP Presisi demonstrated success by maintaining operational efficiency, controlling operating expenses, and mitigating potential asset impairment losses.In the first nine months of 2025, the corporation booked net revenue of IDR 2.77 trillion, slightly higher than the same period last year at IDR 2.72 trillion. In terms of profitability, gross profit rose to IDR 577.96 billion from IDR 507.11 billion previously.Furthermore, based on the consolidated financial statements as of September 30, 2025, PP Presisi’s total assets reached IDR 7.94 trillion, up from IDR 7.65 trillion at the end of 2024. Of that amount, current assets dominated at IDR 5.89 trillion, while non-current assets were recorded at IDR 2.05 trillion.On the liabilities side, PP Presisi’s total liabilities stood at IDR 4.27 trillion, while equity increased to IDR 3.67 trillion compared to IDR 3.49 trillion at the end of last year. This financial structure indicates the company’s ability to maintain liquidity and solvency amid challenges in the national construction and mining industries.

Antam–BRIN Collaborate to Enhance Efficiency and Innovation in the Mining Sector
Antam–BRIN Collaborate to Enhance Efficiency and Innovation in the Mining Sector
29 Oct 2025, 10:49 AM 34

PT Aneka Tambang Tbk (ANTM), a member of MIND ID, signed a memorandum of understanding (MoU) with the National Research and Innovation Agency (BRIN) to optimize the utilization of natural resources in Indonesia.The cooperation agreement was signed at the Indonesia Research and Innovation Expo (InaRI Expo) 2025 on Tuesday (October 28, 2025), at the Innovation Stage, Jakarta International Expo (JIEXPO) Kemayoran, Hall A.Through this collaboration, Antam is committed to enhancing natural resource processing by leveraging BRIN’s research and technology.The partnership covers not only research, but also production, operational efficiency, and innovation-driven business development.Antam President Director Achmad Ardianto emphasized the importance of synergy between research and industry as a strategic step to strengthen national competitiveness in the mining sector.“The primary focus of research is not limited to the extraction of natural resources, but also development for operational efficiency and other business needs. We hope this collaboration will deliver maximum benefits for the nation, while opening opportunities for BRIN to apply its capabilities and expertise to Indonesia’s mining industry,” said Achmad Ardianto in an official statement.Since its inception, industry has been a strategic partner for BRIN, forming the basis for the establishment of the Directorate of Research and Innovation Utilization.BRIN is working to gradually apply research outputs to strengthen national industry while driving national self-reliance.“We are opening our doors as widely as possible to support industry with technological enablers that can address real-world challenges. BRIN’s partnerships with industry across sectors must continue to be built so that research stays closer to actual market needs,” said BRIN Deputy for Research and Innovation Utilization, R. Hendrian.Previously, BRIN Head Laksana Tri Handoko stated that InaRI Expo is not merely an exhibition of research outcomes, but also a stage for interaction between science, industry, and society.“Amid the rapid development of AI and other frontier technologies, Indonesia has a major opportunity to become a key player in a knowledge-based economy. Research and innovation must not stop in the laboratory; they must transform into practical solutions that deliver direct impact on economic development and public welfare,” said Laksana Tri Handoko.According to Laksana, synergy between research and industry is the key to building a knowledge-based industry that can reinforce national self-reliance through the development of high value-added commercial products with global competitiveness.

PPRE Expands to ANTM Nickel Mine, Q3 Profits Soar 1,280%
PPRE Expands to ANTM Nickel Mine, Q3 Profits Soar 1,280%
25 Oct 2025, 10:54 AM 424

PT PP Presisi Tbk (PPRE) has secured a new contract worth IDR 150 billion in the nickel mining sector, located in North Konawe, Southeast Sulawesi.The project involves the leasing of heavy equipment and operational support for the nickel mining business unit (UBPN) of PT Aneka Tambang Tbk (ANTM).PPRE President Director, Rizki Dianugrah, stated that this new contract strengthens the company’s position in expanding its mining services portfolio, particularly in the nickel sector, which plays a vital role in the national electric vehicle supply chain.“We are committed to continuously improving productivity, efficiency, and operational sustainability to deliver added value for all stakeholders,” Rizki said in a written statement on Friday (24 October 2025).He added that the expansion aligns with PPRE’s long-term vision to become a leading integrated mining and construction services company in Indonesia. The company is enhancing its operational support with a fleet of modern heavy equipment and experienced professionals.As previously reported by IDNFinancials.com, PT Pembangunan Perumahan Presisi Tbk (PPRE) recorded a net profit of IDR 104.9 billion by the third quarter of 2025, a sharp increase of 1,280% compared to IDR 7.6 billion in the same period last year.The construction segment continued to contribute approximately 91.1% of Q3 2025 revenue, amounting to IDR 2.5 trillion.Meanwhile, although the performance of the leasing and ready-mix segments weakened, the mining segment saw a significant surge, with its contribution soaring by 1,668.2%—or 17.7 times higher—to IDR 191.1 billion

PT Vale Provides IDR 70 Billion PPM Funding in Morowali
PT Vale Provides IDR 70 Billion PPM Funding in Morowali
25 Oct 2025, 05:42 AM 198

PT Vale has disbursed funds for its Community Development and Empowerment Program (PPM) in Morowali reaching tens of billions of rupiah through the fourth quarter of 2025.PT Vale is committed to ensuring the economic benefits of the IGP Morowali project are tangibly felt by the community through various empowerment and social development programs by continuously strengthening the PPM Program.As part of the MIND ID group, PT Vale Indonesia’s IGP Morowali is committed to implementing the PPM program in line with the Morowali Regency Medium-Term Regional Development Plan (RPJMD). The program includes support for education, health, skills training, local economic development, and village infrastructure development in areas around the mine, including Bahomotefe Village.Recorded from 2015 through Q4 2025, PT Vale has allocated PPM funds totaling IDR 70 billion across all assisted villages as proof of its commitment to social investment.One implementation of the PPM Program in the IGP Morowali empowerment area under the Economic Independence pillar was training on producing nata de coco and standardizing smoked-fish packaging. The training was held in Laroue Village, East Bungku, Morowali, Monday–Wednesday (March 4–6, 2024).This training aimed to equip the community with new skills based on abundant local commodities and to increase the added value of local production.A total of 20 participants took part, consisting of Laroue residents, representatives of the Family Welfare Empowerment Team (TP-PKK), and smoked-fish entrepreneurs in the empowerment area. The East Bungku subdistrict head, Sukman Gamal, opened the training.The Director of Mine Project IGP Morowali, Wafir, stated that this inaugural activity is one of the company’s efforts to help communities become more self-reliant through local economic development and skills enhancement.Another PPM implementation is the Sustainable, Environmentally Friendly Healthy Agriculture Program (PSRLB) using PT Vale’s Organic System of Rice Intensification (SRI) method. This program targets dozens of farmers in 13 assisted villages in Morowali Regency within the Indonesia Growth Project (IGP) Morowali area.Wafir explained that since 2022, PT Vale’s PPM has implemented the PSRLB through PT Vale’s Organic SRI—or organic rice—and has expanded to other organic agriculture programs such as vegetable commodities and the cultivation of organic herbal plants.“In Morowali, the initial stage in 2022 involved 12 farmers across four assisted villages—Kolono, Ululere, Bahomoahi, and Bahomotefe—with a total cultivated area of 1.2 hectares. Today, it has grown to 90 farmers in 13 villages, including 25 rice farmers with a total organic paddy area reaching around 6.8 hectares. From that area, organic rice harvests hit a record 17.6 thousand kilograms,” he said.Beyond organic rice, PT Vale recorded 25 vegetable farmers and 40 herbal farmers from village TP-PKK groups, with total organic vegetable harvests in 2023 amounting to 78 kilograms.“The success of the mining industry is measured not only by production output, but by how far its presence opens opportunities and brings positive change to surrounding communities,” Wafir emphasized.The commitment to developing local talent is also implemented so they can be absorbed into the mining industry within the IGP Morowali area in various roles—ranging from permanent company employees, partnership-based workers through local companies, to employees of local contractor firms.With a spirit of collaboration and sustainability, PT Vale remains committed to strengthening partnerships with all stakeholders, ensuring every development step aligns with national goals to realize competitive nickel downstreaming and deliver impact for the welfare of the people of Morowali and Indonesia—among others by channeling PPM funds in its empowerment areas.

Minister Bahlil Targets DME Project to Start in 2026, Partners with China or Europe
Minister Bahlil Targets DME Project to Start in 2026, Partners with China or Europe
25 Oct 2025, 05:36 AM 266

The Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia, is targeting the start of construction in 2026 for the coal downstreaming project to produce Dimethyl Ether (DME) as a substitute for Liquefied Petroleum Gas (LPG).This project is among 18 strategic downstreaming initiatives currently being finalized by the Task Force for Accelerating Downstreaming and National Energy Security.Bahlil said the DME project is one of the government’s priorities to reduce dependence on LPG imports.“Our LPG consumption is 8.5 million tons, while domestic production capacity is only 1.3 million tons. So we import around 6.5–7 million tons. The way to reduce imports is by creating import substitutes through coal downstreaming,” Bahlil said on Friday evening (October 24, 2025).He explained that all concepts and pre-feasibility studies (pre-FS) for the 18 downstreaming projects have been completed by the Downstreaming Task Force.The results of these studies are currently being finalized by a consultant appointed by Danantara.“Next year the target is to begin construction. The partner will be Danantara. The technology could come from China or Europe, depending on which is most efficient,” Bahlil added.According to Kontan’s records, one of the companies involved in the DME project is PT Bukit Asam Tbk (PTBA).PTBA’s Director of Downstreaming and Product Diversification, Turino Yulianto, said the company has earmarked around 800 million tons of coal specifically for downstreaming programs.“PTBA is fully committed to downstreaming. We’ve locked in 800 million tons of coal specifically for downstreaming. So it won’t be used for anything else,” Turino said after the HIPMI–Danantara Indonesia Business Forum in Jakarta, Monday (October 20).Turino added that of PTBA’s total coal reserves of 2.9 billion tons, around 5–6 million tons per year will be allocated to the DME project.“It’s not only for DME; there are various uses. DME itself only needs 5–6 million tons per year,” he explained.From an economic standpoint, PTBA has conducted internal calculations and is now discussing the business scheme with Danantara.Turino emphasized that the DME project must deliver dual benefits, supporting national energy security while also being commercially profitable for the mining issuer.Based on Kontan’s data, the DME project is one of six coal downstreaming projects under the coordination of the Downstreaming Task Force.One of the main projects is located in Muara Enim, South Sumatra, under PTBA’s responsibility.In addition to Muara Enim, the DME project is also planned to be developed in five other locations: Bulungan (North Kalimantan), East Kutai (East Kalimantan), Kota Baru (South Kalimantan), Pali (South Sumatra), and Banyuasin (South Sumatra).

5 Mining Licenses Reinstated
5 Mining Licenses Reinstated
24 Oct 2025, 07:23 AM 240

The Ministry of Energy and Mineral Resources (ESDM) has reportedly reopened five mining companies that were previously suspended. This step is part of the government’s process to normalize mining business permits (IUP) for 190 companies whose operations had been temporarily halted.Director General of Minerals and Coal (Minerba) at the ESDM Ministry, Tri Winarno, said that of the 190 companies suspended, 100 have submitted requests to resume operations. Of those, five companies have been allowed to operate.“So today and tomorrow we’re gathering them again. We’re coaching them. What are your obstacles? We coach them at the office. From the 190, previously five have been cleared, and about a hundred have applied. That’s why we’re calling them in,” Tri said after the ceremony commemorating the 80th Mining and Energy Day at Monas, Jakarta, Friday (October 24, 2025).Previously, Minister of Energy and Mineral Resources Bahlil Lahadalia addressed the government’s decision to temporarily suspend the operations of 190 coal and mineral mining companies.He emphasized that the decision was not made abruptly. Before the suspension, the government had sent three warning letters to the companies.“Look, for the 190, before being put on hold, letters had already been sent three times by the Director General of Minerba. So it wasn’t sudden. The government is always careful and acts according to the rules,” Bahlil said at the ESDM Ministry building, Friday (September 26, 2025).He stressed that the core issue is straightforward: companies’ obligation to pay reclamation guarantees. These reclamation guarantees form the basis for preparing the Work Plan and Budget (RKAB), which companies use to analyze their production capacity.“What’s the goal? So that once the mining is complete, they are obliged to carry out reclamation. Because if we don’t do this, the mine won’t benefit our generation, it’s about our children and grandchildren,” he said.

PT Anugrah Neo Energy Materials Plans IDR 4.98 Trillion IPO, Aiming to Become Major Player in Nickel...
PT Anugrah Neo Energy Materials Plans IDR 4.98 Trillion IPO, Aiming to Become Major Player in Nickel...
22 Oct 2025, 07:23 AM 277

Indonesia’s nickel industry is once again in the spotlight. Mining and processing company PT Anugrah Neo Energy Materials (ANEM) is reportedly set to go public through an initial public offering (IPO) targeting more than USD 300 million, or around IDR 4.98 trillion.This strategic move is said to be one of the largest IPOs in Indonesia’s mining sector in recent years. No surprise, as ANEM is developing major projects in electric-vehicle (EV) raw materials, which are booming globally.According to reports, the IPO debut is planned for December 2025. If realized, the plan would not only strengthen ANEM’s market position but also push Indonesia further toward becoming a key player in the global EV battery supply chain.IPO Plan with a Striking ValuationANEM’s IPO plan first surfaced in a Reuters report on October 22, 2025. Two sources familiar with the process indicated the company’s valuation is expected to exceed USD 2 billion, or about IDR 33.21 trillion.At that size, the IPO would become one of the most anticipated corporate actions on the Indonesia Stock Exchange this year.Proceeds are planned for business expansion and development of nickel downstreaming projects, a highly strategic area given the global shift toward clean energy.Support from International BanksANEM has engaged two major financial institutions, DBS Bank Ltd and RHB Bank, as underwriters.This underscores the company’s seriousness in preparing a transparent and credible IPO process. Even so, neither ANEM nor the banks have issued official statements detailing the offering.Mining Operations and Major Projects in SulawesiANEM currently operates two laterite nickel mines in Central Sulawesi:*TAS (Morowali): Resource of more than 200 million tons*MDK (Ampana): Concession area of more than 10,800 hectaresThese mines are the backbone of the company’s operations. Beyond mining, ANEM is building a low-carbon HPAL (High Pressure Acid Leach) smelter to produce Mixed Hydroxide Precipitate (MHP), a key material for EV batteries.The smelter will be integrated with two supporting industrial parks, creating a strong and efficient nickel downstream ecosystem.Strategic Project for Indonesia’s Nickel RevolutionIn September 2024, ANEM broke ground on its HPAL project at the Neo Energy Industrial Park in Morowali. This is positioned as a pivotal step in modernizing Indonesia’s nickel processing industry.By using renewable energy in production, ANEM aims to be a pioneer of environmentally friendly nickel in Indonesia.“Our decision to fully adopt renewable energy is part of our dedication to a more sustainable future. We are proud to take this important step in Indonesia’s energy transition, especially in a critical industry like nickel production,” said Joseph Hong, President Commissioner of ANEM.Driving Indonesia Toward Global LeadershipANEM’s HPAL smelter is expected to start operating within the next two years. At full operation, the project will:* Strengthen Indonesia’s position as a leading supplier of low-carbon nickel* Meet surging global demand for EV battery materials* Support the growth of the national green economyJoseph Hong added that the project represents ANEM’s tangible contribution to the global energy transition while elevating Indonesia’s role in the EV industry.“Our project will meet rising global demand for nickel, especially in the fast-growing EV market. We are excited to contribute to Indonesia’s green economy and enhance the country’s global standing,” he said.Why ANEM’s IPO Is Drawing Big AttentionSeveral factors explain the intense interest from markets and industry:1. Large project scale: Significant investment and expansion in nickel downstreaming2. Global clean-energy tailwinds: Soaring demand for EV battery nickel3. High valuation: Above USD 2 billion, among the largest mining IPOs in Indonesia4. Right momentum: EV adoption is accelerating worldwide5. International bank support: A positive signal for investorsConclusion: A New Chapter for Indonesia’s NickelANEM’s planned IPO is more than a routine corporate exercise. It is part of Indonesia’s broader roadmap to advance resource downstreaming and become a major player in the global green economy.With ambitious projects and broad support, ANEM has a strong opportunity to help elevate Indonesia’s nickel industry to the next level.For investors and market participants, this IPO bears watching, not only for its standout valuation but also for its strategic role in the global energy transition.

J Resources Commits to Implementing ESG Principles Across All Production Processes
J Resources Commits to Implementing ESG Principles Across All Production Processes
21 Oct 2025, 07:28 AM 187

J Resources reaffirmed its commitment to sustainability through responsible mining practices. This commitment is not just a program but has been recognized through various awards, such as the Subroto Award in 2023 and 2024 for Community Development Programs, as well as a Green PROPER award for its environmental governance.“This is concrete proof of the company’s commitment to implementing ESG across the entire production process,” said President Director of J Resources Bolaang Mongondow, Anang Rizkani Noor, in a statement on Tuesday (October 21).Through its subsidiaries, J Resources is committed to caring for the earth and delivering optimal benefits to communities around its operations. The company also complies with regulations and good mining governance, and has consistently implemented Environmental, Social, and Governance (ESG) principles in its production operations.At Minerba Convex 2025, held on October 15–16, 2025, J Resources showcased a range of initiatives as a manifestation of its sustainability commitment. “From the application of Good Mining Practice and Community Development programs (PPM) to concrete environmental efforts—this aligns with our booth theme, ‘Resilience Toward Sustainability,’” said J Resources Head of Corporate Communications, Fera Prajitno.This national gold mining company presented various information—from concession areas to sustainability efforts. Several data points on Community Development Programs already carried out were displayed, along with the company’s tangible environmental initiatives.Visitors were invited to trace the journey “From Rock to Hope” by viewing actual rock samples from the Bakan Mine owned by PT J Resources Bolaang Mongondow. Visitors could also see a dummy gold bar produced via heap leaching, as well as educational panels on environmentally responsible mine management.Each visitor was greeted and given explanations about mining processes, land reclamation, and the social impacts generated around the operating areas. “Many visitors came out of curiosity, but after talking, they realized mining can be managed with care and responsibility,” explained Hanif, an engineer at J Resources.It then became a lively space for dialogue, where the public could learn about mining from a perspective closer to everyday life. Minerba Convex 2025 was officially opened by the Minister of Energy and Mineral Resources (ESDM), Bahlil Lahadalia. In his remarks, Minister Bahlil emphasized the importance of mineral downstreaming and equitable mining governance, so that the benefits of natural resources are directly felt by the community. “We must not only extract, but also process. Mining outputs must deliver added value for the Indonesian people,” Bahlil said.On that occasion, Bahlil also highlighted the importance of eradicating illegal mining (PETI) and transitioning toward more sustainable mining practices. This national narrative aligns with J Resources’ commitment to implementing Good Mining Practice and strengthening social contributions through its eight CSR pillars, which include education, independent economic development, and environmental conservation.Minerba Convex 2025 also featured panel discussions, including sessions focused on human resources in the mining sector. On the second day, the event continued with targeted discussions covering seven major themes, one of which addressed community-based mining.In one of the panel sessions discussing community-based mining, Muhamad Cecep Yasin, Director of Mineral Mining Business Development, emphasized that sustainability and strong governance must form the foundation for the future of the mining industry. “Eradicating illegal mining (PETI) cannot rely on regulations alone. Active involvement from communities and the business sector is required,” Cecep said.This view intersects with the values practiced by J Resources through various community development programs around its operations. For J Resources, sustainability is not only about production—it’s about ensuring every mining activity delivers positive impacts for the environment and the social life of surrounding communities.

PTBA’s Coal Production Hits 35.9 Million Tons in the Q3 2025
PTBA’s Coal Production Hits 35.9 Million Tons in the Q3 2025
20 Oct 2025, 02:09 PM 731

PT Bukit Asam Tbk (PTBA) released its operational performance for Q3 2025. As of the end of September 2025, PTBA recorded coal production of 35.9 million tons.That figure rose 9% compared with the same period in 2024, which was 32.97 million tons.1. Significant contribution from subsidiariesThis production achievement was supported by increased contribution from its mining services subsidiary, PT Satria Bahana Sarana, which accounted for 21% of the Company’s total output.The stripping ratio realized over the period was recorded at 5.98x.2. Coal sales up 8%On the sales side, coal volume reached 33.7 million tons, up 8% year on year (yoy) from 31.28 million tons in the same period last year. Of the total, 56% was absorbed by the domestic market, with the remainder exported.“This increase in sales performance demonstrates the continued strength of market demand for PTBA’s coal,” said PTBA Corporate Secretary Division Head, Eko Prayitno, in an official statement on Monday (Oct 20, 2025).3. Coal hauling performance up 8%In line with higher production and sales, coal transported through Q3 2025 reached 30.02 million tons, up 8% from 27.83 million tons in the same period last year.PTBA stated that a recovery in global coal prices has begun to emerge, reflected in the strengthening trend of the ICI index from mid-Q3 to early Q4 2025.“Backed by this momentum and our ongoing performance growth and efficiency measures, PTBA is confident that these solid operational results can offset the pressure from weaker coal prices during Q3 2025,” Eko said.

CNGR to Commence Operations at South Kalimantan Battery Precursor Plant by Year-End 2025
CNGR to Commence Operations at South Kalimantan Battery Precursor Plant by Year-End 2025
16 Oct 2025, 02:10 PM 463

CNGR Advanced Material Co, a China-based battery materials manufacturer, will begin operating its precursor plant at the Setangga Special Economic Zone (KEK Setangga) in Tanah Bumbu Regency, South Kalimantan, in December 2025.The plan was conveyed by CNGR External Relations Director, Magdalena Veronika, at Minerba Convex 2025 in Jakarta, Thursday (Oct 16, 2025).She said CNGR had initially planned to inaugurate and operate its precursor plant in Indonesia in 2021. However, that plan was hampered by the United States government’s Inflation Reduction Act (IRA).“This year, CNGR will operate the precursor facility in Indonesia in December 2025, at KEK Setangga. Not at JIIPE, but in Setangga,” Magdalena said.She explained that the US IRA was one of the reasons CNGR postponed the operation of the precursor plant in South Kalimantan, as the law limits trade involving products from China, Russia, and North Korea.According to Magdalena, if the company had pushed ahead at that time, the precursor products would have been difficult to sell, especially since the electric vehicle (EV) market was still largely concentrated in the United States.Over time, the EV market has expanded. Industry players no longer have to rely on the US market to sell products related to EV components.On the other hand, processing and refining technologies for EV battery raw materials have continued to advance. Magdalena believes Asia is now the region with the most advanced processing technology.“As the market evolves, we can see that when it comes to technology—particularly nickel in advanced materials—no one is more advanced than Asia. That’s why the world’s top metallurgy schools are in China,” she said.For reference, KEK Setangga was designated by Indonesia’s 7th President, Joko Widodo, in June 2024. The 668.3-hectare zone is targeted to attract up to IDR 67.69 trillion in investment.KEK Setangga is planned to host smelter industries, biodiesel and refinery operations, as well as fractionation industries to support the production of cooking oil, palm products, iron, rubber, and packaging.Data from the Coordinating Ministry for Economic Affairs show that CNGR is a major Chinese group engaged in nickel processing from upstream to downstream. As an integrated nickel processor, CNGR produces ternary precursor synthesis and electrolytic nickel.CNGR has already built nickel processing facilities in Morowali, North Morowali, Weda Bay, and Batulicin.

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