Potential offtaker

Aneka Tambang Tbk.

www.antam.com

Estimated electricity consumption

N/A

Countries of production presence

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Aneka Tambang Tbk. (ANTAM) is a mining company based in Indonesia that operates in the gold sector. The company was established in 1968 and has since grown to become one of the largest mining companies in Indonesia. ANTAM is a state-owned enterprise and is listed on the Indonesia Stock Exchange.

ANTAM's primary focus is on the exploration, mining, processing, and marketing of nickel ore, ferronickel, gold, silver, bauxite, coal, and precious metals. The company's gold mining operations are located in Pongkor, West Java, and Cibaliung, Banten. The Pongkor mine has been in operation since 1992 and produces gold and silver. The Cibaliung mine, which began operations in 2010, is a high-grade underground gold mine.

In recent years, ANTAM has been focusing on decarbonisation and renewable energy. The company has set a target to reduce its carbon emissions by 30% by 2030. To achieve this, ANTAM has implemented several initiatives such as the use of renewable energy sources and the adoption of energy-efficient technologies.

One of ANTAM's key initiatives in decarbonisation is the use of renewable energy sources. The company has installed a 1 MW solar power plant at its ferronickel plant in Pomalaa, Southeast Sulawesi. The solar power plant generates electricity that is used to power the plant's operations, reducing the company's reliance on fossil fuels. ANTAM is also exploring the use of other renewable energy sources such as wind and hydro power.

ANTAM has also implemented a corporate power purchase agreement (PPA) for renewable energy. The company has signed a PPA with state-owned electricity company PLN to purchase electricity generated from a 50 MW wind power plant in South Sulawesi. The PPA will enable ANTAM to reduce its carbon emissions and support the development of renewable energy in Indonesia.

In addition to renewable energy, ANTAM has also implemented energy-efficient technologies in its operations. The company has installed energy-efficient lighting and air conditioning systems at its offices and plants. ANTAM has also implemented a waste heat recovery system at its ferronickel plant in Pomalaa, which captures waste heat from the plant's operations and converts it into electricity.

ANTAM's commitment to decarbonisation and renewable energy has been recognized by several organizations. The company has been included in the Dow Jones Sustainability Index (DJSI) for three consecutive years, which recognizes companies that demonstrate leadership in sustainability. ANTAM has also received the Green Industry Award from the Indonesian Ministry of Industry for its efforts in environmental management.

In conclusion, Aneka Tambang Tbk. (ANTAM) is a mining company based in Indonesia that operates in the gold sector. The company has set a target to reduce its carbon emissions by 30% by 2030 and has implemented several initiatives to achieve this, including the use of renewable energy sources and energy-efficient technologies. ANTAM's commitment to decarbonisation and renewable energy has been recognized by several organizations, demonstrating the company's leadership in sustainability.

✓ Climate Action 100+ company
✓ Declared Net Zero commitment