Jakarta, ThedailyID — PT ANTAM (Persero) Tbk (ANTM) is strengthening its business fundamentals to support Indonesia’s economic growth and create long-term value for shareholders and stakeholders.
The mining company is focusing on its gold, nickel and bauxite businesses. Its strategy centers on optimizing high-value operations and developing sustainable businesses to strengthen Indonesia’s mining industry and global competitiveness.
ANTAM reported positive financial growth in the first half of 2026. Revenue reached Rp62.71 trillion, up 6.3% from Rp59.02 trillion in the same period last year.
Profit for the period also rose 34% year-on-year to Rp6.91 trillion, compared with Rp5.14 trillion in the first half of 2025.
ANTAM Corporate Secretary Wisnu Danandi Haryanto said the results would support the company’s future growth and help maintain confidence among shareholders.
“This performance provides a strategic foundation for ANTAM to continue business growth, strengthen national industrial resilience and maintain shareholder confidence,” Wisnu said in a written statement on Friday, October 23, 2026.
He added that ANTAM would continue optimizing its business potential while ensuring that corporate governance remains sound, measurable and responsible.
Alongside strengthening its operations, ANTAM is monitoring capital market developments and evaluating strategic options, including a potential share buyback to optimize its capital structure.
Wisnu said the evaluation would consider market conditions, the company’s financial strength and its ability to fund business operations and expansion. ANTAM would also prioritize funding for downstream processing initiatives under Indonesia’s national industrial agenda.
The company has not finalized a decision on the potential buyback. According to Wisnu, ANTAM is still assessing the option and will consider an appropriate response as market conditions evolve.
He emphasized that any decision would prioritize shareholder interests and the sustainability of the business over the long term.
“ANTAM continuously monitors market developments and evaluates relevant strategic steps based on current conditions,” Wisnu said.
He added that the company aims to ensure every decision strengthens its fundamentals, aligns with national interests and maximizes long-term value for shareholders.
