Archi Indonesia (ARCI) Engages Macmahon to Work on Underground Mining Operations
Wed 27 Aug 2025, 09:36 AM
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PT Archi Indonesia Tbk (ARCI), through its subsidiary, PT Tambang Tondano Nusajaya (TTN), officially appointed PT Macmahon Indonesia as the mining services contractor for the underground Copra mine. The agreement was signed on August 25, 2025.
"The Company's subsidiary, namely PT Tambang Tondano Nusajaya (TTN), has entered into a cooperation agreement with PT Macmahon Indonesia, a third-party company, through a Copra Underground Mine Development Service Contract," said ARCI Corporate Secretary, Hidayat Dwiputro Sulaksono.
Under this contract, Macmahon Indonesia will provide various services related to mine development, blasting activities, loading and stockpiling of materials, rock support, installation, maintenance of tunnel mining services, and complete the development safely with a cooperation period of 34 months.
The exact value of the cooperation transaction was not disclosed, but management emphasized that this collaboration is believed to provide added value for the Company.
"Providing a positive impact on the Company's business continuity and improving the Company's financial and operational performance," Hidayat emphasized.
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