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Pefindo maintains an “idA” for Aneka Tambang

15 September 2021 19:10

JAKARTA. Pemeringkat Efek Indonesia (Pefindo), a local rating agency, keeps the corporate rating and the rating for the Shelf-Registration Bond I of PT Aneka Tambang Tbk (ANTM) Year 2011 consistent at “idA” level with a stable outlook.

Yulan Kustiyan, Corporate Secretary of Aneka Tambang, mentions that this rating reflects the company’s solid capability in fulfilling its long-term financial commitment. This rating is effective starting September 9, 2021, until September 1, 2022.

“This rating also signifies ANTM’s quite abundant reserves and resources, its steady position within the industry, which is supported by diverse mining products, and integrated operational activities,” Kustiyan elaborates in detail through an official statement today (15/9).

It is to be noted that ANTM owned consolidated nickel reserves of 375.52 million wet metric tons (wmt) in 2020, while the total nickel resources amounted to 1.44 billion wmt. Additionally, its consolidated bauxite reserves were reported to reach 105.95 million wmt, and its total resources equalled 585.83 million wmt.

Until the first quarter of 2021, ANTM recorded an EBITDA of IDR 1.24 trillion and a net profit of IDR 630.38 billion. Lastly, its cash and cash equivalents were at IDR 5.33 trillion. (KR/ZH)

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