Quarterly Activities Report 1Q26
| Stock | Aneka Tambang (Persero) TBK (PT) (ATM.ASX) |
|---|---|
| Release Time | 28 Apr 2026, 7:29 p.m. |
| Price Sensitive | Yes |
ANTAM Reports Solid Q1 2026 Results
- Gold sales and production remained strong, supported by resilient domestic demand
- Nickel ore and ferronickel production and sales maintained solid performance
- Bauxite and alumina businesses recorded solid fundamental growth
ANTAM reported strong operational performance in the first quarter of 2026, with production and sales maintained at optimal levels across its key business segments. Gold sales continued to demonstrate resilience, supported by positive global gold price trends and disciplined marketing strategies. Nickel ore production and sales remained solid, while ferronickel production and sales were influenced by raw material supply and maintenance activities. The bauxite and alumina businesses recorded strong fundamental growth, with increased production and sales volumes. ANTAM also made progress in its mineral downstreaming initiatives, including the development of precious metals manufacturing, the EV battery ecosystem project, and the national aluminum industry integration. Exploration activities were conducted to support the sustainability of the company's strategic mineral reserves and resources. Overall, ANTAM's performance in Q1 2026 was underpinned by disciplined operational management, adaptive marketing, and effective cost control across its business segments.
ANTAM expects to maintain its strong operational performance in 2026, with gold production and sales volumes projected to remain resilient, supported by positive global gold price trends and disciplined marketing strategies. The company's nickel ore and ferronickel production and sales are anticipated to continue at optimal levels, subject to raw material supply and operational factors. The bauxite and alumina businesses are expected to sustain their solid fundamental growth trajectory.
ANTAM remains focused on advancing its mineral downstreaming initiatives to generate sustainable value within the domestic economy. This includes the continued development of the precious metals manufacturing facility, the EV battery ecosystem project, and the national aluminum industry integration. The company will also continue its exploration activities to support the long-term sustainability of its strategic mineral reserves and resources.