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Antam directs its focus on the domestic market

09 September 2021 09:46

JAKARTA. PT Aneka Tambang Tbk (Antam) would focus on developing its userbase of precious metals in the domestic market following the recent increase in public awareness towards gold investment.

SVP Corporate Secretary of Aneka Tambang, Yulan Kustiyan, claims that the aroused public’s interest had boosted the demand for the said commodity in the local market. This condition thus shifts Antam’s sales volume in the first half of 2021 by 69% or 13.34 tons. “Based on this gain, Antam is optimistic about posting a positive performance in 2021,” Kustiyan added, as quoted in Bisnis yesterday (8/9).

In order to uplift its future performance, the Processing and Refinery Business Unit for Precious Metals (UBPP Logam Mulia) of Antam would initiate a market adaptation by offering online precious metals transaction system through www.logammulia.com and chat applications and operating gold boutique cautiously, following the strict health protocols.

Antam also consistently pays attention to the expansion of downstream mineral refineries. It includes expanding reserves and resources, as well as forming partnerships to develop new mineral byproducts from the existing reserves. (AM/ZH)

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