Indonesia Miner
Welcome to Indonesia Miner

News
09 Aug 2023, 08:00 AM

Adaro Minerals (ADMR) Records Coal Production Up 66 Percent in H1 2023

ADMR
1949 Views
PT Adaro Minerals Indonesia Tbk. (ADMR), recorded operational performance growth in semester I/2023.Christian Ariano Rachmat, President Director and CEO of ADMR, said that ADMR's coal production volume in the first half of 2023 reached 2.54 million tons, up 66 percent from the previous 1.53 million tons in the first half of 2022. Sales volume reached 1.82 million tons, up 42 percent from the previous 1.28 million tons.All production in this period came from PT Maruwai Coal, which produces hard coking coal with very low ash, low phosphorus and high vitrinite content."The increase in production and sales volume in semester I/2023 reflects market recognition and acceptance of our quality products and is supported by solid operational aspects. We are ready to achieve the 2023 guidelines and execute projects, both for metallurgical coal and aluminum smelters," he explained in an official statement, Tuesday (8/8/2023)Overburden removal reached 7.55 million bank cubic meters (Mbcm) in the first half of 2023, up 116 percent from the first half of 2022 of 3.50 Mbcm, resulting in a strip ratio of 2.97 times, or up 30 percent from the previous . Good contractor performance and favorable weather conditions encouraged an increase in overburden removal volume during this period.According to Christian, Japan is the biggest market for ADMR with a contribution of 35 percent, followed by India 28 percent and China 20 percent. The company plans to expand its customer base by entering other key markets.ADMR continues to invest in facilities and infrastructure with good progress in efforts to improve hauling roads , as well as improve fuel storage facilities and employee accommodation in the Tuhup Port area.ADMR has started the tender process to select the main contractor for the construction of the second barge loading conveyor at Tuhup Port. This expansion will increase barge loading capacity, enabling the company to take advantage of favorable weather conditions (water depth).Furthermore, the company is conducting a tender for contractors who will handle the expansion of accommodation in Lampunut to accommodate additional workers to support plans to increase coal production to 6 million tons per year.Smelters ProjectThrough PT Kalimantan Aluminum Industry (KAI), ADMR is actively developing opportunities in the mineral sector, with a focus on downstream mineral processing. This business is leading the transformation of the Adaro Group to support a green economy.In May 2023, KAI received financing of US$981.4 million and Rp1.54 trillion for the construction of an aluminum smelter with a capacity of 500,000 tons per year in an industrial area being developed by PT Kalimantan Industrial Park Indonesia.In the second quarter of 2023, KAI completed land preparation, earthworks and temporary jetty construction and continued construction of other infrastructure-related facilities."Currently we are dedicating focus and efforts on construction activities in order to realize COD in 2025," explained Christian.Image source: ADMRSource: https://market.bisnis.com/read/20230808/192/1682557/adaro-minerals-admr-catat-produksi-batu-bara-naik-66-persen-semester-i2023
News
04 Aug 2023, 12:00 PM

Black Diamond (COAL) Partners with SAP to Digitize Its Operations

COAL
1599 Views
PT Black Diamond Resources Tbk (COAL), a public company in the coal mining sector, through its subsidiary PT Dayak Pembangunan Pratama (DMP) has operated its operational digital transformation or reached the GoLive phase in implementing RISE with SAP S/4HANA Cloud the result of collaboration with SAP Indonesia with PT Trimitra Sistem Solusindo or TMS Consulting as an implementation partner.The RISE Go-Live Ceremony with SAP S/4HANA Cloud Implementation was held on July 18, 2023 and was attended by the Main Director of BDR, Donny Janson Manua and all BDR Directors, Edward Manurung, Muhammad Noval Zindann, and Yogi Adrian, and DMP Director, Jeffry Tong. Go-Live was also attended by Industry Account Executive SAP Indonesia, Lili Hartono, COO of TMS Consulting, Dery Hananto, and TMS Consulting Project Manager, Susi Haryani.Black Diamond Resources (BDR) responds optimistically to business challenges operationally by adopting digital transformation in mining operational processes which have so far been carried out manually, and are still held by each person in charge and not yet integrated. Digital business operational transformation with SAP through implementation partner TMS Consulting is carried out as a practice of implementing a sustainable business through integrated accuracy, efficiency and documentation.BDR chose to use SAP as the preferred Enterprise Resource Planning (ERP) system due to the need for process integration and reports from each division so that departments that need data can access it in display form. TMS Consulting Project Manager Susi Haryani explained that for this reason, her party created a production planning module report that helps record production units to be more efficient.Then, the KPI report for the maintenance plan module which doesn't need manual input, but can be taken directly from the KPI report. Also, the solution for determining the price per pit of the controlling module which is automatically taken from the cost center report and production costs in each pit. "So, the division of jobdesc which was still overlapping, has now been arranged with job roles in SAP which are also authorized," he said. The collaboration between SAP through TMS Consulting and BDR began in December 2022, followed by a Kick-off Ceremony in January 2023, and running according to the timeline target, namely reaching the Go-Live stage in July 2023.The scope of the collaboration between PT Black Diamond Resources Tbk and TMS Consulting includes a blueprint phase workshop to see the flow of transactions at BDR. Then, do user testing of the SAP implementation from the blueprint phase to key users who are responsible for business processes. Up to the implementation of SAP testing to end users with assistance from consultants.As well as increasing master data and transactions in the pre-Go-Live market. The Company's President Director, Donny Janson Manua expressed his appreciation to all parties who supported the continuation of this collaboration up to the Go-Live phase."We hope that with this digital transformation, we can achieve optimal and maximum growth goals in line with contributing to building a positive business both internally and for all company stakeholders," he said.Andreas Diantoro, President Director of SAP Indonesia, said, "By adopting cloud technology, BDR is improving efficiency in its operational processes and preparing its business for the future. Our RISE with SAP solution will enable BDR to achieve seamless integration across divisions, providing access instant access for departments to important data.This will help BDR grow optimally, make a positive contribution to the business, and enrich the lives of all stakeholders involved. TMS Consulting was chosen to be the implementation partner for this digital transformation because it has experience with mining sector customers and has a mining package that suits the operational needs of the mining sector.Chief Operating Officer of TMS Consulting, Dery Hananto said "Congratulations to BDR for their achievement. With this Go-Live project, the starting point of BDR's digital journey begins. Enjoy the journey, Enjoy the transformation.Image source: COALSource: https://www.emitennews.com/news/black-diamond-coal-gandeng-sap-untuk-digitalisasi-operasionalnya
News
03 Aug 2023, 09:00 AM

Amman Mineral (AMMN) Secured USD 350 Million Capital

AMMN
1822 Views
PT Amman Mineral Internasional Tbk. (AMMN) said that the company has signed a Banking Loan Facility worth USD 350 million with several banks in Indonesia and Singapore. This was conveyed by the Corporate Secretary of AMMN, Vemmy Febrianti, in a written statement quoted on Wednesday (2/8).Vemmy said that this facility can be withdrawn at any time according to the request of the Company's subsidiary, PT Amman Mineral Nusa Tenggara (AMNT). These funds can later be used by AMNT for general corporate purposes, working capital, capital expenditures, payment of fees, costs and expenses in connection with related facilities."This facility will be paid back within 4.5 years with a repayment date of December 23, 2027," he said. This Banking Loan Facility is guaranteed on a pari passu basis with other existing AMNT senior facilities.However, Vemmy stressed, this Banking Loan Facility does not have a direct impact on Issuers or Public Companies, but indirectly through AMNT."The direct impact of this Banking Loan Facility on AMNT is the impact of operations and business activities as a support in increasing AMNT's liquidity to finance its operational activities and to increase its business activities (including the AMNT expansion program)" he said.PT Amman Mineral Internasional Tbk (AMMN) listed its initial shares on the IDX on 7 July 2023 as the 45th Listed Company on the IDX. The funds obtained from this IPO amounted to IDR 10.726 trillion.PT Amman Mineral Nusa Tenggara (AMNT) is a subsidiary of PT Medco Energy (MEDC) engaged in mining which operates a 25,000ha copper and gold mine located on Sumbawa Island, Nusa Tenggara, Indonesia.Image source: AMMNSource: https://www.emitennews.com/news/buat-modal-kerja-amman-mineral-ammn-raih-pinjaman-usd350-juta-dari-perbankan
News
02 Aug 2023, 12:00 PM

President Jokowi Calls Nickel Downstreaming in Central Sulawesi Successfully Employed 71,500 People

SANGALU
1798 Views
Downstreaming continues to be rolled out by President Jokowi . Because it has a positive impact on the economy.In fact, President Jokowi said nickel downstream in Central Sulawesi ( Central Sulawesi ) had succeeded in recruiting tens of thousands of workers ."In Central Sulawesi , before downstreaming , only 1,800 workers were involved in nickel processing . After downstreaming , there are 71,500 workers who can work because of downstream nickel in Central Sulawesi ," President Jokowi said as quoted from Setkab's website.This was conveyed by President Jokowi inaugurating the Board of Directors of the National Leadership Council (DPN) of the Indonesian Employers' Association (Apindo) for the 2023-2028 term on Monday 31 July 2023.He emphasized that downstream industry is an important step for Indonesia to become a developed country in 2045."If we can do that, then downstream is successful for all minerals, plantations, agriculture, fisheries, everything can be downstreamed. If the World Bank, McKinsey, IMF, OECD calculate it from 2040 to 2045, I'm sure this can be somewhat advanced," he said.In addition, downstream also makes a major contribution to state revenues. In the past, from 2014 to 2015, according to President Jokowi , the government generated approximately IDR 31 trillion from exports of raw materials."After downstreaming , it becomes IDR 510 trillion. Back again, from USD2.1 billion it jumped to USD33.8 billion. So how many times did you jump? This is just a few derivatives, "he continued.In addition, President Jokowi said downstream also had a positive impact on regional economic growth. This will then affect national economic growth."In North Maluku (regional economic growth) previously averaged 5.7 percent, after downstream it was 23 percent. If all provinces have growth like that, ladies and gentlemen, can you imagine the aggregate of all of them will be how much our national economic growth will be," he added.Furthermore, President Jokowi emphasized that this downstream program does not stop at the mineral industry only.But also in other sectors. For this reason, the President invited entrepreneurs to participate in supporting the downstream program .“We have to start, Apindo has to start thinking that way. All products that are still shipped raw must start (shipped semi-finished goods or finished goods). Banks also have to think about financing downstream in the fields I mentioned earlier," he said. Image source: SANGALUSource: https://www.sangalu.com/ekonomi/839665353/presiden-jokowi-sebut-hilirisasi-nikel-di-sulteng-berhasil-pekerjakan-71500-orang
News
02 Aug 2023, 09:00 AM

UNTR's Net Profit Increases 8% to IDR 11.2 Trillion

UNTR
1667 Views
PT United Tractors Tbk (UNTR), a company engaged in the distribution of heavy equipment and mining contractors, managed to record an 8% increase in net profit to IDR 11.2 trillion in the first half of 2023, compared to the previous year which reached IDR 10.4 trillion. According to Ellen May, Founder and CEO of Emtrade, simultaneously with an increase in net profit, UNTR recorded a net income of IDR 68.7 trillion, an increase of 14% from the same period the previous year which amounted to IDR 60.4 trillion. "Technically, United Tractor's revenue rose 14% to IDR 68.7 trillion. Then the net profit has increased by 8% on an annual basis and on a quarterly basis it has increased by 10%,” explained Ellen, quoted from her Youtube channel on Tuesday (1/8/2023).Ellen said that UNTR's performance was boosted because the income of each segment increased. Each segment contributes differently to the total consolidated net income. Mining contractors, construction machinery, coal mining, gold mining, construction industry and energy contributed 35%, 30%, 29%, 5%, 1% and less than 1% respectively to the total consolidated net income."The construction machinery business segment recorded an increase in sales starting from Komatsu heavy equipment by 9% to 3,145 units compared to last year's 2,873 units," he explained.In total, the net income of the UNTR construction machinery business segment increased 16% to IDR 20.3 trillion. Pama's revenue as a mining contractor reached Rp 24.3 trillion, up 22% from Rp 20 trillion."Revenue for each segment has also increased from heavy equipment by 16%, mining contractors have increased by 22% , it's expensive. So, this is an expensive competitor," he explained.Meanwhile, the coal mining business segment operated by PT Tuah Turangga Agung (TTA) until June 2023 managed to record total coal sales of 6.4 million tons, including 1.3 million tons of metallurgical coal. This figure represents an increase of 11% compared to the first half of 2022."Revenue of the coal mining business segment increased by 8% to IDR 20.1 trillion from IDR 18.7 trillion in the same period in 2022," he added.Furthermore, PT Agincourt Resources (PTAR) in the Martabe gold mine segment in North Sumatra recorded total gold equivalent sales of 110,000 ounces until June 2023. This figure shows a decrease of 24% compared to the same period in 2022 which reached 144,000 ounces."The gold segment fell by 24%, so it was just 110,000 ounces," he concluded.Image source: UNTRSource: https://wartaekonomi.co.id/read509229/laba-bersih-untr-meningkat-8-jadi-rp112-triliun-pendapatan-tiap-segmen-naik
News
02 Aug 2023, 08:00 AM

MIND ID Claims Indonesia Has the Largest Copper Reserves in Southeast Asia

Special
2013 Views
MIND ID Corporate Communication Pratiwa Dyatmika said that Indonesia has a lot of copper stocks. In fact, based on his records, copper reserves in Indonesia are the largest in Southeast Asia.Initially he talked about the many mineral resources spread across Indonesia from Aceh to Papua. However, these mineral products are only sold in raw form so that a downstream policy emerges."At the end of this year we will only sell this commodity in raw form. Therefore the president created an additional downstream program," he said in Medan Tuesday (8/7/2023).He conveyed this at the "MediaMIND 2023" socialization event, an annual journalistic competition held by BUMN MIND ID mining "holding" in collaboration with Perum LKBN ANTARA.Then he talked about the large amount of copper reserves in Indonesia. Even being the most compared to other countries in Southeast Asia."Indonesia has the largest copper reserves in Southeast Asia, in Indonesia we can compare MIND ID with other companies, our gold reserves are the largest, the fourth largest coal reserves in the world, the largest tin reserves in Indonesia. The largest nickel reserves in Indonesia," he explained."We can see the contribution to exports of aluminum, PT Inalum plays an important role in 100% of Indonesia's aluminum exports from Inalum," he continued.VP Smelter Government Relations and External Communication of PT INALUM Fajri Ramadhan said the theme of MediaMIND 2023 is "Giving Added Value to Indonesia". He wants the second journalism competition held by MIND ID to provide added value, not only to journalists but also to MIND ID and the community."So it has contributed not only to individual journalists and media, but also to INALUM, MIND ID and the people of North Sumatra and Indonesia," he said.The MediaMIND 2023 series with the theme "Giving Added Value to Indonesia" begins with the collection of journalistic works for the period 24 July-14 September 2023.During this period, socialization was carried out in five cities, namely Medan, Kendari, Surabaya, Palembang and Jakarta.There are four categories of works that are contested, namely "hard news" writing, "feature" writing, news video works and photo works.All journalistic products submitted by participants must fulfill the following four sub-themes.Industry, related to MIND ID group technology and innovation and MIND ID strategic projects.Commodities, related to MIND ID group production and downstream.Economy and business, related to financial performance, the contribution of the MIND ID group to the national economy, the contribution of the MIND ID group to the regional economy.ESG (Environmental Social Governance), related to "sustainability" and environmental social responsibility (TJSL).The total prize for MIND ID winners is more than IDR 300 million.Image source: SpecialSource: https://www.detik.com/sumut/bisnis/d-6853553/mind-id-klaim-indonesia-punya-cadangan-tembaga-terbesar-di-asia-tenggara
News
31 Jul 2023, 12:00 PM

MMS Group Indonesia Appoints China ENFI as Mitra Murni Perkasa Nickel Smelter Project Contractor in ...

ENFI
2025 Views
Mitra Murni Perkasa (MMP), a subsidiary of MMS Group Indonesia (MMSGI) which is developing a nickel matte smelter project in East Kalimantan, has signed a cooperation agreement with China ENFI Engineering Corporation (China ENFI). The event was attended by all MMSGI-MMP management, a number of China ENFI delegates from Beijing and also representatives from Bank Negara Indonesia (BNI).The collaboration with China ENFI which started 15 months ago has gone through a feasibility study process. Careful, precise and wise planning is carried out to ensure that the MMP nickel smelter construction project can be implemented on a strong technical foundation. The construction of this project is targeted to be completed in the 4th quarter of 2024 and start operating in the 2nd quarter of 2025.The MMP matte nickel smelter is planned to have a production capacity of 27,000 tons per year with a nickel content of more than 70%. The construction of this matte nickel smelter is intended to support the increasing demand for nickel as a raw material for making EV batteries used in electric powered vehicles (BEV). This is in line with global efforts to reduce carbon emissions.“This signing is a historic moment for MMP and China ENFI. We support the government's program to build a matte nickel smelter that has a low carbon footprint and is entirely a Domestic Investment (PMDN). The construction of this matte nickel smelter is the beginning of MMSGI's collaboration with China ENFI, in which the next MMSGI business development is open in line with China ENFI's technical expertise." said Adhi Dharma Mustopo, President Director of MMP quoted by INDUSTRY.co.id, Monday (24/7/2023).“This collaboration has important meaning for our side. China ENFI believes the MMP matte nickel smelter will be a successful pilot project in Indonesia and provide broad benefits to all parties. What's more, this MMP project is close to IKN, the new center of government.”, said Liu Cheng, Chairman of the Board of China ENFI.The MMP and China ENFI collaboration aims to ensure the construction of a strong and competitive nickel matte smelter. With the increasing popularity of electric vehicles and demand for nickel matte as a raw material for electric vehicle batteries, the MMP project is expected to have a positive impact nationally and support the battery industry program in Indonesia. Not only that, MMP's matte nickel smelter is one proof of MMSGI's commitment to ESG.Image source: ENFISource: https://www.industry.co.id/read/123711/mms-group-indonesia-tunjuk-china-enfi-sebagai-kontraktor-proyek-smelter-nikel-mitra-murni-perkasa-di-kalimantan-timur

Advertisement

Hello! We would like to talk to you.Please fill the details below to start chatting with us.