TABLE OF CONTENTS. No. Title Media Source Page

(1)

Daily News Update Page 1

The issuer codenamed ANTM continues to strengthen its business portfolio by optimizing its potential and resources. "Currently, Antam is exploring several business opportunities from upstream to downstream in nickel, gold and bauxite commodities. Upstream, Antam is currently actively conducting exploration activities in the company's IUP areas as well as reviewing several prospect areas," he explained.

The current composition of MIND ID members also opens up opportunities for Antam to synergize in the management of national mining assets to support the development of an integrated downstream mineral business.

In addition, the company also continues to focus on the expansion of downstream mineral processing, expansion of the reserve base and resources.

The Company is also open to establishing partnerships to develop new refined mineral production from existing reserves, increase cost competitiveness, and improve core business performance to increase company revenues.

SVP Corporate Secretary Aneka Tambang Yulan Kustiyan mengatakan saat ini perseroan dan mitra strategisnya masih melakukan diskusi lebih lanjut terkait dengan rencana kerja sama ini.

"Antam berharap kerja sama ini dapat segera terealisasi agar dapat memperkuat portofolio komoditas nikel yang saat ini dimiliki Perusahaan," jelasnya kepada Bisnis, Minggu (27/6/2021).

Dia menegaskan Antam terbuka untuk menjalin kemitraan strategis dengan pihak ketiga berdasarkan profitabilitas mengun-tungkan dalam mengembangankan proyek-proyek hilirisasi, baik nasional maupun inter-nasional, terutama mitra kerja yang memiliki akses terhadap teknologi dan pendanaan. Emiten bersandi ANTM ini senantiasa memperkuat portofolio bisnis melalui pengoptimalan potensi dan sumber daya yang dimiliki.

"Saat ini, Antam sedang menjajaki beberapa peluang bisnis dari hulu ke hilir di komoditas nikel, emas dan bauksit. Di hulu, saat ini Antam aktif melakukan kegiatan eksplorasi di wilayah IUP perusahaan serta tinjauan di beberapa daerah prospek," paparnya.

Dengan komposisi anggota MIND ID saat ini juga membuka kesempatan bagi Antam untuk bersinergi dalam pengelolaan aset pertambangan nasional untuk mendukung pengembangan hilirisasi bisnis mineral yang terintegrasi.

Selain itu, perseroan juga terus berfokus pada ekspansi pengolahan mineral ke hilir, perluasan basis cadangan dan sumber daya. Perseroan juga terbuka menjalin kemitraan mengembangkan produksi mineral olahan baru dari cadangan yang ada, meningkatkan daya saing biaya, serta peningkatan kinerja bisnis inti untuk meningkatkan pendapatan perusahaan.

(6)

Daily News Update Page 6 ANTM recently signed a heads of

agreement (HoA) for the development of nickel refining businesses in North Konawe and North Morowali, Southeast Sulawesi with Alchemist Metal Industry Pte. Ltd. and PT Gunbuster Nickel Industry. Editor : Hafiyyan

ANTM beberapa waktu lalu menanda-tangani perjanjian pendahuluan atau heads of agreement (HoA) pengembangan bisnis pemurnian nikel di Konawe Utara dan Morowali Utara, Sulawesi Tenggara dengan Alchemist Metal Industry Pte. Ltd. dan PT Gunbuster Nickel Industry. Editor : Hafiyyan

Thousands of Mining Permits

Threatened to Be Revoked,

What's Up?

Anisatul Umah, CNBC Indonesia

A

TOTAL of 2,350 mining permits are

being evaluated by the government. If the company does not carry out its obligations for unacceptable reasons, its business license will be revoked.

Special Staff of the Minister of Energy and Mineral Resources (ESDM) for Minerba Governance Irwandy Arif said the number of mining permits evaluated was part of the current 5,600 mining permits.

According to him, initially the President ordered to review 1,600 Mining Business Permits (IUP), Coal Mining Concession Work Agreements (PKP2B), and Contracts of Work (KK).

"It turns out that it's not 1,600, in fact there are 2,300 that are close to 2,350. All of these problems will be evaluated. This is being worked on. Those who cannot carry out unacceptable activities, then the order will be revoked," he said in an online discussion, Friday ( 25/06/2021).

Ribuan Izin Tambang Terancam

Dicabut, Ada Apa Nih?

Anisatul Umah, CNBC Indonesia

S

EBANYAK 2.350 izin pertambangan

tengah dievaluasi pemerintah. Jika per-usahaan tidak menjalankan kewajiban dengan alasan yang tidak bisa diterima, maka izin usahanya akan dicabut.

Staf Khusus Menteri Energi dan Sumber Daya Mineral (ESDM) Bidang Tata Kelola Minerba Irwandy Arif mengatakan, jumlah izin tambang yang dievaluasi merupakan bagian dari 5.600 izin pertambangan yang ada saat ini.

Menurutnya, mulanya Presiden memerin-tahkan untuk meninjau kembali sebanyak 1.600 Izin Usaha Pertambangan (IUP), Perjanjian Karya Pengusahaan Pertam-bangan Batu Bara (PKP2B), dan Kontrak Karya (KK).

"Ternyata bukan 1.600, malah ada 2.300-an y2.300-ang mendekati 2.350. Semua masalah ini akan dievaluasi. Ini sedang dikerjakan. Mereka yang gak bisa melakukan kegiatan yang tidak bisa diterima, maka perintahnya di ujung akan dicabut," ungkapnya dalam diskusi daring, Jumat (25/06/2021).

(7)

Daily News Update Page 7 The proposal for revocation was originally

proposed by the National Coordinator of the Mining Advocacy Network (Jatam) Merah Johansyah in the discussion, then it was accepted by the Ministry of ESDM and will be followed up.

"I think this is a good proposal, I will take it," said Irwandy.

Merah said the revocation of mining permits was not a setback. He asked not to force the mining permit to continue if there are violations.

"That revoking is not a setback, don't force mining permits. So hopefully Pak Irwandy can consider that, there are violations from small islands," he explained.

He explained that there were several mining violations that occurred on Sangihe Island. One of them is violating the Small Island Law, contrary to Law Number 1 of 2014 concerning Amendments to Law Number 27 of 2014 concerning the management of coastal areas and small islands or PWP3K.

"Around Sangihe Island there are also other islands on the east and south sides. Does the government study also discuss small islands related to Sangihe?" he said. According to him, even community parti-cipation is also forgotten where residents only get an offer of land for Rp. 5,000 per meter or only Rp. 50 million per hectare. "It's full of problems because it doesn't involve them, even though there are lots of rules, not only on substance but also on the process of substance, residents get an offer of Rp 5,000 per meter land," he regretted. In response to this condition, the Head of the Center for EMR Law Studies, IKA, Faculty of Law, Diponegoro University and an expert on Environmental Law and Natural Resources Management Policy, Wahyu Nugroho, also spoke up.

Usulan pencabutan ini mulanya diusulkan oleh Koordinator Nasional Jaringan Advokasi Tambang (Jatam) Merah Johansyah dalam diskusi tersebut, lalu diterima Kementerian ESDM dan akan ditindaklanjuti.

"Ini saya kira usulan yang bagus, ini akan saya bawa," kata Irwandy.

Merah mengatakan pencabutan izin pertam-bangan bukanlah suatu kemunduran. Dia me-minta agar tidak memaksakan izin pertam-bangan dilanjutkan jika ada pelanggaran.

"Bahwa mencabut bukan kemunduran, jangan memaksakan izin pertambangan. Jadi mudah-mudahan pak Irwandy bisa mem-pertimbangkan hal itu, ada pelanggaran dari pulau-pulau kecil," jelasnya.

Dia menjelaskan, ada beberapa pelanggaran penambangan yang terjadi di Pulau Sangihe. Salah satunya yaitu melanggar UU Pulau Kecil, bertentangan dengan Undang-Undang Nomor 1 tahun 2014 tentang Perubahan Atas Undang-Undang Nomor 27 tahun 2014 tentang pengelolaan wilayah pesisir dan pulau-pulau kecil atau PWP3K.

"Di sekitar Pulau Sangihe juga ada pulau-pulau lainnya di sisi Timur dan Selatan. Apakah kajian pemerintah juga bahas pulau-pulau kecil yang berkaitan dengan Sangihe?" katanya.

Menurutnya, bahkan partisipasi masyarakat juga dilupakan di mana warga hanya men-dapat tawaran tanah seharga Rp 5.000 per meter atau hanya Rp 50 juta per hektar. "Penuh masalah karena tidak melibatkan mereka, padahal banyak sekali aturan gak hanya substansi tapi juga proses dari substansi, warga mendapatkan tawaran tanah Rp 5.000 per meter," sesalnya.

Menanggapi kondisi ini Ketua Pusat Studi Hukum ESDM IKA Fakultas Hukum Universitas Diponegoro dan Pakar Hukum Lingkungan dan Kebijakan Pengelolaan Sumber Daya Alam Wahyu Nugroho pun angkat bicara.

(8)

Daily News Update Page 8 According to him, to avoid chaos like in the

Sangihe mine, environmental licensing instruments cannot be ignored, especially the Environmental Impact Analysis (Amdal).

He argues that the government must ensure whether the permit has been synchronized with the Regional Spatial Plan & Zoning Plan for Coastal and Small Islands (RZWP3K).

"Considering that 80% of Indonesia's territory is coastal, and the rest is forestry, it is important to pay attention to environmental and ecological aspects," he said.

Then from a sociological perspective, it is necessary to pay attention to community participation in the process of determining mining areas, Amdal, and others. According to him, people have the right to a good and healthy environment.

"If there is no community participation, it becomes a formal flaw in the mining permit," he said. (wia)

Menurutnya untuk menghindari kekisruhan seperti di tambang Sangihe, maka instrumen perizinan lingkungan hidup tidak dapat diabaikan, khususnya Analisis Mengenai Dampak Lingkungan (Amdal).

Dia berpendapat bahwa pemerintah harus memastikan apakah izin tersebut sudah tersinkronisasi dengan Rencana Tata Ruang Wilayah & Rencana Zonasi Wilayah Pesisir dan Pulau-Pulau Kecil (RZWP3K).

"Mengingat 80% wilayah Indonesia adalah pesisir, dan sisanya adalah kehutanan, sehingga penting dicermati aspek ling-kungan hidup dan ekologisnya," ungkapnya. Kemudian dari sisi sosiologis, perlu diper-hatikan soal keikutsertaan masyarakat dalam proses wilayah penetapan pertam-bangan, Amdal, dan lainnya. Menurutnya masyarakat punya hak untuk mendapatkan lingkungan hidup yang baik dan sehat. "Kalau tidak ada partisipasi masyarakat, itu menjadi cacat formil izin pertambangan-nya," tuturnya. (wia)

The positive trend of coal will

stop when the rainy season in

northern China ends

Reporter: Hikma Dirgantara | Editor: Wahyu T. Rahmawati

T

HE POSITIVE rate of coal prices has not

stopped. Most recently, the price of ICE Newcastle coal for the July 2021 contract was at the level of US$ 131.1 per tonne at the close of Friday (25/6). That is, throughout last week, the black stone managed to strengthen up to 6.15%.

Tren positif batubara akan

terhenti ketika musim hujan di

China utara berakhir

Reporter: Hikma Dirgantara | Editor: Wahyu T. Rahmawati

L

AJU positif harga batubara masih belum

berhenti. Teranyar, harga batubara ICE Newcastle kontrak Juli 2021 berada di level US$ 131,1 per ton pada penutupan Jumat (25/6). Artinya, sepanjang pekan kemarin, si batu hitam ini berhasil menguat hingga 6,15%.

(9)

Daily News Update Page 9 Meanwhile, if calculated on a year to date

basis, the strengthening of coal prices has even reached 61.89%. This positive trend is even predicted to continue.

Director of TRFX Garuda Berjangka Ibrahim assessed that it could be in the near future that coal will succeed in breaking through its all-time high, which is US$ 137.6 per tonne. Moreover, coal prices only need to strengthen by around 5% to be able to penetrate that level.

“Fundamentally, coal prices are currently in a bullish trend as supported by various supporting sentiments. So breaking through the all-time high level is something that might happen in the near future,” said Ibrahim when contacted by Kontan.co.id, Monday (28/6).

Ibrahim said the first sentiment came from weather constraints in the form of extreme rain that occurred in northern China. With heavy rains, coal production in this part of the country has stalled due to power outages and weather-blocked transport routes. This condition in the end made China lack of domestic coal supply, thus opening the import tap.

Thus, global coal prices also rose as demand also increased. Ibrahim said the bad weather would continue at least until the end of July. This means that this will still be a positive catalyst to support the continued strengthening of coal prices. However, after July, Ibrahim estimates that the positive rate of coal will start to stop. Factors that stopped the rainy season in China will make production and distribution resume operations. Thus, supply will return to normal and the coal price will automatically adjust and correct.

Sementara jika dihitung secara year to date, penguatan harga batubara bahkan sudah mencapai 61,89%. Tren positif ini bahkan diperkirakan masih akan terus melanjut.

Direktur TRFX Garuda Berjangka Ibrahim menilai, bisa jadi dalam waktu dekat batubara akan berhasil menembus level tertinggi sepanjang masa, yakni US$ 137,6 per ton. Apalagi, harga batubara hanya perlu menguat sekitar 5% saja untuk bisa menembus level tersebut.

“Secara fundamental, harga batubara saat ini memang berada dalam tren bullish seiring didukung berbagai sentimen pendukung. Sehingga menembus level all time high merupakan sesuatu yang mungkin terjadi dalam waktu dekat ini,” kata Ibrahim ketika dihubungi Kontan.co.id, Senin (28/6).

Ibrahim menyebut, sentimen pertama datang dari kendala cuaca berupa hujan ekstrem yang terjadi di China utara. Dengan guyuran hujan lebat, produksi batubara di bagian negara tersebut pun terhenti seiring aliran listrik yang padam dan rute transportasi yang terhalang cuaca. Kondisi ini pada akhirnya membuat China kekurangan pasokan batubara dalam negeri sehingga membuka keran impor. Dus, harga batubara global pun naik seiring permintaan yang juga meningkat. Ibrahim bilang, cuaca buruk ini akan berlanjut setidaknya hingga akhir Juli. Artinya, hal tersebut masih akan menjadi katalis positif untuk mendukung lanjutan penguatan harga batubara.

Namun, selepas Juli, Ibrahim memperkira-kan laju positif batubara amemperkira-kan mulai terhenti. Faktor musim hujan di China yang berhenti akan membuat produksi dan distribusi kembali beroperasi. Dengan demikian, pasokan akan kembali normal dan membuat harga batubara dengan sendirinya menyesuaikan dan terkoreksi.

(10)

Daily News Update Page 10 "Moreover, the strengthening of coal so far

this year has indeed been too sharp. So there is the potential for massive profit-taking in the next semester II-2021," Ibrahim added.

With supply and demand rebalancing, as well as profit taking, Ibrahim estimates that in the second half of this year, coal prices will be in the range of US$ 120 per tonne-US$ 130 per ton.

“Apalagi, penguatan batubara sepanjang tahun ini memang sudah kelewat tajam. Sehingga ada potensi profit taking besar-besaran di semester II-2021 mendatang,” imbuh Ibrahim.

Dengan keadaan pasokan dan permintaan yang kembali seimbang, serta adanya profit taking, Ibrahim memperkirakan pada paruh kedua tahun ini, harga batubara akan berada di kisaran US$ 120 per ton-US$ 130 per ton.

BRMS AGM Agrees to Use

Jumbo Rights Issue Funds,

Including Debt Repayment to

BUMI

Author: Hafiyyan

T

HE BAKRIE group entity in the mineral

mining sector, PT Bumi Resources Minerals Tbk. (BRMS) held the 2020 Annual General Meeting of Shareholders (AGMS) on Monday (28/6/2021).

In an official statement, the AGMS accepted the performance of the 2020 BRMS financial report. Last year, BRMS posted revenue of US$8.34 million and net profit of US$4.04 million, up from 2019 of US$4.46 million and US$1.26 million, respectively.

The AGMS also accepted the use of BRMS rights issue funds. As is known, BRMS conducted a rights issue with the acquisition of jumbo funds of Rp. 1.6 trillion.

A total of US$48 million or Rp701.28 billion for a loan to a subsidiary, in this case PT Citra Palu Minerals, to build a gold ore processing plant with a capacity of 4,000 tons of ore per day.

RUPST BRMS Setuju

Penggunaan Dana Rights Issue

Jumbo, Termasuk Pelunasan

Utang ke BUMI

Author: Hafiyyan

E

NTITAS grup Bakrie di bidang

pertam-bangan mineral, PT Bumi Resources Minerals Tbk. (BRMS) menyelenggarakan Rapat Umum Pemegang Saham Tahunan (RUPST) 2020 pada Senin (28/6/2021). Dalam keterangan resmi, RUPST menerima kinerja laporan keuangan 2020 BRMS. Tahun lalu, BRMS membukukan pen-dapatan US$8,34 juta dan laba bersih US$4,04 juta, naik dari 2019 masing-masing senilai US$4,46 juta dan US$1,26 juta.

RUPST juga menerima penggunaan dana rights issue BRMS. Seperti diketahui, BRMS melakukan rights issue dengan perolehan dana jumbo Rp1,6 triliun.

Sejumlah US$48 juta atau Rp701,28 miliar untuk Pinjaman kepada Anak Perusahaan dalam hal ini PT Citra Palu Minerals untuk membangun pabrik pengolahan bijih emas dengan kapasitas 4.000 ton bijih per hari.

(11)

Daily News Update Page 11 Furthermore, US$23 million or Rp336.03

billion for Loans to Subsidiaries in this case PT Citra Palu Minerals for Drilling 4 gold prospects, thereby increasing ore reserves in Palu, Sulawesi.

A total of US$5.25 million or Rp76.7 billion for Loans to a Subsidiary, in this case PT Gorontalo Minerals, for Drilling 2 gold prospects to increase ore reserves in Motomboto, Gorontalo.

A total of US$29.8 million or Rp435.4 billion for the BRMS Debt Repayment to PT Bumi Resources Tbk. (BUMI), which among other things is related to the initial construction work of the first processing plant (capacity 500 tons/day) in Palu which has been operating since February 2020.

The proceeds from the PUT that have not been realized are US$27.59 million or Rp.403.11 billion. The remaining funds will be used to finance the company's working capital. Editor : Hafiyyan

Selanjutnya, US$23 juta atau Rp336,03 miliar untuk Pinjaman kepada Anak Perusahaan dalam hal ini PT Citra Palu Minerals untuk Pengeboran 4 prospek emas, sehingga menambah cadangan bijih di Palu, Sulawesi.

Sejumlah US$5,25 juta atau Rp76,7 miliar untuk Pemberian Pinjaman kepada Anak Perusahaan, dalam hal ini PT Gorontalo Minerals, untuk Pengeboran 2 prospek emas untuk menambah cadangan bijih di Motomboto, Gorontalo.

Sejumlah US$29,8 juta atau Rp435,4 miliar untuk Pelunasan Hutang BRMS kepada PT Bumi Resources Tbk . (BUMI) yang antara lain terkait dengan pekerjaan konstruksi awal pabrik pengolahan pertama (kapa-sitas 500 ton/hari) di Palu yang telah beroperasi sejak Februari 2020.

Dana hasil PUT yang belum direalisasikan US$27,59 juta atau Rp403,11 miliar. Sisa dana tersebut akan digunakan untuk pembiayaan modal kerja perseroan. Editor : Hafiyyan

Build Nickel Smelter, Vale

Collaborates With Two Chinese

Companies

Author: Edo Fernando, Editor: Umar RP.

P

T VALE Indonesia Tbk (INCO) is

collaborating with two of its partners, which are companies from China. His party is targeting a definitive agreement in the smelter construction project so that later the cooperation agreement process can be completed in the next six months. Vale Indonesia also said that…

Bangun Smelter Nikel, Vale

Kerjasama Dengan Dua

Perusahaan Asal Cina

Penulis: Edo Fernando, Editor: Umar RP.

P

T VALE Indonesia Tbk (INCO) bekerja

sama dengan dua mitranya yang merupakan perusahaan asal Cina. Pihaknya menarget-kan terjadinya definitive agreement dalam proyek pembangunan smelter sehingga nantinya proses perjanjian kerja sama itu bisa selesai dalam enam bulan mendatang. Pihak Vale Indonesia juga mengatakan bahwa…

(12)

Daily News Update Page 12 Vale Indonesia also said that the Bahodopi

smelter in Central Sulawesi is currently in the process of finalizing a cooperation agreement.

Later, after completing the definitive agreement process, of course, after exploring the lending process and technical studies, both parties will sit together again to take the final investment decision. If all these processes can run smoothly without any obstacles, then after that both parties can start carrying out construction activities which are estimated to take 24 to 36 months. As for the construction of the smelter and its impact on the company's revenue, Vale Indonesia is still unable to disclose the estimates, because they must first communicate with their business partners.

The two partner companies from China are Taiyuan Iron & Steel Group Co. Ltd. Taigang and Shandong Xinhai Technology Co. Ltd. Xinahi. The two companies officially signed an agreement for the construction of the Bahodopi nickel processing facility with Vale Indonesia. The signing of the cooperation agreement was carried out by representatives of Vale Indonesia, namely CEO Febriany Eddy, President Taigang Wei Chengwen and also Chairman of Xinhai Technology Wang Wenlong. The signing of the agreement was held in Shanghai, China.

Later, Vale Indonesia and the two Chinese companies agreed to form a joint venture to build a nickel smelter in Xinhai Industrial Park, Morowali, Central Sulawesi. Furthermore, eight ferronickel processing lines will be built, with an estimated production volume of 73 thousand metric tons of nickel per year. It also includes the construction of a number of supporting facilities.

Pihak Vale Indonesia juga mengatakan bahwa untuk smelter Bahodopi yang ada di Sulawesi Tengah, saat ini dalam proses penyelesaian perjanjian kerja sama.

Nantinya, setelah menyelesaikan proses

definitive agreement, tentunya setelah menjajaki

proses lending dan kajian teknis, kedua belah pihak akan kembali duduk bersama guna mengambil final investment decision.

Jika semua proses tersebut bisa berjalan dengan lancar tanpa ada sesuatu halangan, maka setelahnya kedua belah pihak bisa mulai melakukan kegiatan konstruksi yang diperkirakan bisa memakan waktu 24 sampai 36 bulan lamanya. Sementara untuk pem-bangunan smelter tersebut dan dampaknya terhadap pendapatan perusahaan, pihak Vale Indonesia masih belum bisa mengungkap

perkiraan, karena mereka harus terlebih dahulu berkomunikasi dengan rekan bisnisnya.

Adapun dua perusahaan mitra asal Cina itu adalah Taiyuan Iron & Steel Group Co. Ltd Taigang dan Shandong Xinhai Technology Co. Ltd Xinahi. Kedua perusahaan itu resmi melakukan penandatangan perjanjian dalam kerja sama pembangunan fasilitas pengolahan nikel Bahodopi dengan Vale Indonesia.

Proses penandatanganan perjanjian kerja sama itu dilakukan oleh wakil Vale Indonesia yakni CEO Febriany Eddy, Presiden Taigang Wei Chengwen dan juga Ketua Xinhai Technology Wang Wenlong. Penanda-tanganan perjanjian itu digelar di Shanghai, Cina.

Nantinya, Vale Indonesia dan dua perusahaan asal Cina itu sepakat untuk membentuk perusahaan patungan atau Joint Venture guna membangun smelter nikel di Xinhai Industrial Park, Morowali, Sulawesi Tengah. Lebih lanjut, akan ada delapan lini pengolahan feronikel yang akan dibangun, dengan perkiraan jumlah produksi yang bisa men-capai angka 73 ribu metrik ton nikel untuk setiap tahunnya. Itu juga termasuk pem-bangunan sejumlah fasilitas pendukung.

(13)

Daily News Update Page 13 As for the share distribution agreement,

Vale Indonesia will own 49 percent of the shares, and the two partner companies will own 51 percent of the joint venture.

Sementara untuk kesepakatan pembagian saham, Vale Indonesia akan miliki sebanyak 49 persen saham, dan kedua perusahaan mitra miliki 51 persen saham dari per-usahaan patungan tersebut.

If Smelters Are Not Restricted,

The National Nickel

Downstream Industry Is Only 18

Years Old

Rio Indrawan

T

HE INDONESIAN Nickel Miners

Association (APNI) stated that there are 98 pyrometallurgy and hydrometallurgy smelter plants that are planned to be built with the consumption of nickel ore raw materials reaching 255 million tons per year.

Meidy Katrin Lengkey, Secretary General of the Indonesian Nickel Miners Association (APNI), said that the condition is quite worrying for the continuity of the country's nickel business. According to him, if the measured reserves of nickel ore are only 4.6 billion tons, the downstream nickel industry can only last a maximum of 18 years.

"That's even with the condition of high grade nickel ore (above 1.6%) only 1.7 billion tons, if the pyrometallurgy industry only uses high grade nickel ore, the life of this plant will only last 7 years," said Meidy, Monday (28/6).

For this reason, Meidy said APNU supports the government's plan to limit the construction of new nickel smelters. Especially for second-class nickel smelters, namely ferronickel (FeNi) and Nickel Pig Iron (NPI).

Jika Smelter Tidak Dibatasi,

Industri Hilir Nikel Nasional

Umurnya Diperkirakan Hanya

18 Tahun

Rio Indrawan

A

SOSIASI Penambang Nikel Indonesia

(APNI) menyatakan ada 98 pabrik smelter pyrometallurgy dan hydrometallurgy yang rencananya terbangun dengan konsumsi bahan baku bijih nikel bisa mencapai sebesar 255 juta ton per tahun.

Meidy Katrin Lengkey, Sekretaris Jendral Asosiasi Penambang Nikel Indonesia (APNI), mengungkapkan kondisi itu cukup mengkhawatirkan bagi kelangsungan bisnis nikel Tanah Air. Menurut dia jika data cadangan terukur bijih nikel hanya 4,6 miliarton, industri hilir nikel hanya bisa bertahan maksimal 18 tahun.

“Itu pun dengan kondisi bijih nikel kadar tinggi (diatas 1,6%) hanya 1,7 miliar ton, jika industri pyrometalurgy hanya meng-gunakan bijih nikel kadar tinggi maka umur pabrik ini hanya bertahan 7 tahun,” kata Meidy, Senin (28/6).

Untuk itu APNU kata Meidy mendukung rencana pemerintah yang akan membatasi pembangunan smelter nikel baru. Terutama untuk smelter nikel kelas dua yakni feronikel (FeNi) dan Nickel Pig Iron (NPI).

(14)

Daily News Update Page 14 She said that based on APNI data, there are

98 companies specifically for nickel downstream industries that will be built, including smelters. This figure consists of 25 factories that are already in production, 41 companies that are under construction and 32 companies that are in the licensing process.

Instead, Meidy hopes that the government will continue to invite investors to invest in nickel-derived end products. "Such as stainless steel, batteries and electric vehicles," she said.

APNI also advises the government to limit exports of class 2 products (NPI/FeNi) to a minimum of 30-50% locally, so that domestic factories such as Krakatau Steel can produce nickel processing, namely stainless steel or other metal products. "So that Indonesian factories can compete for the world metal industry," said Meidy. (RI)

Dia menuturkan berdasarkan data APNI, industri hilir khusus nikel yang akan dibangun baik smelter yakni sebanyak 98 perusahaan. Angka tersebut terdiri dari 25 pabrik yang sudah produksi, 41 perusaha-an yperusaha-ang sedperusaha-ang melakukperusaha-an konstruksi dperusaha-an 32 perusahaan yang sedang berproses perizinan.

Sebagai gantinya Meidy berharap pemerintah tetap mengundang investor untuk berinvestasi pada produk akhir turunan nikel. “Seperti stainless steel, baterai dan electric vehicle,” ungkap dia. APNI juga menyarankan pemerintah untuk membatasi eksport produk kelas 2 (NPI/FeNi) minimal 30-50% untuk lokal, sehingga pabrik dalam negeri seperti Krakatau Steel bisa memproduksi olahan nikel yaitu stainless steel atau olahan logam lainnya. “Sehingga pabrik Indonesia bisa bersaing untuk industri logam dunia,” tegas Meidy. (RI)

Until May 2021, UNTR Records

an Increase in Heavy Equipment

Sales

T

HE ISSUER of the Astra group, PT United

Tractors Tbk. (UNTR) recorded an increasing sales performance of heavy equipment in the first 5 months of 2021. United Tractors Investor Relations Ari Setiyawan revealed that sales of heavy equipment until May 2021 had increased 38.48 percent.

Komatsu heavy equipment sales in the first five months of 2021 were 1,076 units, an increase of 38.48 percent compared to the first five months of 2020 which were 777 units.

Hingga Mei 2021, UNTR

Catatkan Kenaikan Penjualan

Alat Berat

E

MITEN grup Astra, PT United Tractors

Tbk. (UNTR) mencatatkan kinerja pen-jualan alat berat yang meningkat dalam 5 bulan pertama 2021 ini.

Investor Relations United Tractors Ari Setiyawan mengungkapkan penjualan alat berat hingga Mei 2021 mengalami kenaikan 38,48 persen.

Penjualan alat berat Komatsu pada lima bulan pertama 2021 sebanyak 1.076 unit meningkat 38,48 persen dibandingkan dengan lima bulan pertama 2020 yang sebanyak 777 unit.

(15)

Daily News Update Page 15 The largest sales contribution came from

the mining sector with 45 percent, followed by construction with 29 percent, forestry with 16 percent, and plantations with 10 percent.

"Komatsu's monthly sales volume in May 2021 was 167 units with a market share for the year to date of May 2021 of 22 percent," he explained in the open, Tuesday (29/6/2021).

On the other hand, coal production from Pamapersada Nusantara rose slightly to 46.6 million tons compared to the first 5 months of 2020 which was 46.2 million tons.

Coal sales also increased to 5.48 million tons in the first 5 months of 2021 compared to 5.05 million tons in the previous year. Gold sales from Agincourt Resources actually decreased to 147,800 GEOs compared to 5 months 2020 which was 153,300 GOEs. Editor : Farid Firdaus

Kontribusi penjualan terbesar berasal dari sektor pertambangan sebanyak 45 persen, menyusul konstruksi 29 persen, kehutanan 16 persen, dan perkebunan 10 persen. "Volume penjualan bulanan Komatsu pada Mei 2021 sebanyak 167 unit dengan market share untuk year to date Mei 2021 sebesar 22 persen," jelasnya dalam keter-bukaan, Selasa (29/6/2021).

Di sisi lain, produksi batu bara dari Pamapersada Nusantara naik tipis menjadi 46,6 juta ton dibandingkan dengan 5 bulan pertama 2020 yang sebesar 46,2 juta ton. Penjualan batu bara juga mengalami peningkatan menjadi 5,48 juta ton pada 5 bulan pertama 2021 dibandingkan dengan 5,05 juta ton pada tahun sebelumnya. Penjualan emas dari Agincourt Resources malah mengalami penurunan menjadi 147.800 GEOs dibandingkan dengan 5 bulan 2020 yang sebesar 153.300 GOEs. Editor : Farid Firdaus

BUMI Wins Indonesia Top

Companies Award 2021 Mining

Sector

By : Raden Jihad Akbar, Anwar Sadat

P

T BUMI Resources Tbk (BUMI) won the

highest award at the Indonesia Top Companies Award 2021 for the Coal Mining sector from The Iconomics which was held online in Jakarta, May 25, 2021. To determine the best companies to be included in the 2021 Indonesia Top Companies Awards, The Iconomics research team conducted research using the quantitative research method.

BUMI Raih Indonesia Top

Companies Award 2021 Sektor

Pertambangan

Oleh : Raden Jihad Akbar, Anwar Sadat

P

T BUMI Resources Tbk (BUMI) meraih

penghargaan tertinggi dalam acara Indonesia Top Companies Award 2021 untuk sektor Pertambangan Batu Bara dari The Iconomics yang diadakan secara daring di Jakarta 25 Mei 2021.

Untuk menentukan perusahaan terbaik yang masuk dalam Indonesia Top Companies Awards 2021, tim riset The Iconomics melakukan penelitian dengan metode quantitative research.

(16)

Daily News Update Page 16 Research activities are carried out on

companies listed on the Indonesia Stock Exchange or BEI based on the issuer's financial data for the past year. Included in the strategic sector and not currently facing legal problems or violating laws. After that, the selected companies in each sector were assessed using the Balanced Scorecard or BSC approach.

Deputy President Director of BUMI, Adika Nuraga Bakrie, said that BUMI is proud of the 2021 Indonesia's Top Companies Awards held by The Iconomics. This award will be used as motivation to be better in the future.

"We are very honored to be recognized among top Indonesian companies, we really appreciate the conferment of this award," said Adika in a statement, Monday, June 28, 2021.

According to him, BUMI will continue to maintain and improve the achievements that have been achieved so far. BUMI will continue to work hard to realize the company's vision.

"Surely this will motivate us to achieve even more business excellence, and realize our vision," said Adika.

Kegiatan riset dilakukan kepada perusahaan yang terdaftar di Bursa Efek Indonesia atau BEI berdasarkan data-data keuangan emiten selama setahun terakhir. Termasuk ke dalam sektor strategis dan tidak sedang meng-hadapi masalah hukum atau melanggar UU. Setelah itu, perusahaan terpilih di masing-masing sektor dinilai dengan pendekatan Balanced Scorecard atau BSC.

Deputy President Director BUMI Adika Nuraga Bakrie mengatakan, bahwa BUMI bangga akan penghargaan Indonesia’s Top Companies Awards 2021 yang diadakan oleh The Iconomics. Penghargaan ini akan dijadi-kan motivasi untuk lebih baik ke depannya. "Kami merasa sangat terhormat karena diakui di antara perusahaan Indonesia papan atas, kami sangat menghargai penganu-gerahan penghargaan ini," kata Adika dalam keterangannya, Senin 28 Juni 2021

Menurutnya, BUMI akan terus memper-tahankan dan meningkatkan prestasi yang telah dicapai selama ini. BUMI akan terus bekerja keras untuk mewujudkan apa yang menjadi visi perusahaan.

"Tentunya hal ini akan memotivasi kami untuk mencapai keunggulan bisnis yang lebih

lagi, dan mewujudkan visi kami," ujar Adika.

This is what industry players

say about the plan to limit

ferronickel smelters and NPI

Reporter: Filemon Agung

T

HE ASSOCIATION of Indonesian

Processing and Refining Industry Companies (AP3I) supports the plan to limit the construction of class 2 smelters, namely ferronickel and Nickel Pig Iron.

Ini kata pelaku industri soal

rencana pembatasan smelter

feronikel dan NPI

Reporter: Filemon Agung

A

SOSIASI Perusahaan Industri

Peng-olahan dan Pemurnian Indonesia (AP3I) mendukung rencana pembatasan pem-bangunan smelter kelas 2 yakni feronikel dan Nickel Pig Iron.

(17)

Daily News Update Page 17 Chairman of AP3I Prihadi Santoso said that

his party supports the government's plan to limit the construction of new class 2 nickel smelters. "Regarding the limited nickel reserves of grades above 1.6%," said Prihadi to Kontan.co.id, Monday (28/6). Nevertheless, Prihadi explained that the cessation of the construction of new smelters must be accompanied by a focus on fulfilling supply for smelters that are already operating or are in the construc-tion stage.

Prihadi added that future focus should also be on downstream value-added products. Referring to Minerba One Data Indonesia (MODI) data from the Ministry of Energy and Mineral Resources (ESDM), this year's BOP production is targeted at 901.08 thousand tons, of which the realization until Monday (28/6) reached 42.30% or around 381.15. thousand tons.

Meanwhile, with the sales target amounting to 901.08 thousand tons, the realization of sales so far has only reached 40.73 thousand tons or around 4.52%. Meanwhile, for ferronickel, the production plan for this year is 2.10 million tons with the latest realization at 682.39 thousand tons or around 32.39 percent. Meanwhile, the realization of sales only reached 495.23 thousand tons or 23.50% of the target of 2.10 million tons. Editor: Tendi Mahadi

Ketua Umum AP3I Prihadi Santoso meng-ungkapkan pihaknya mendukung rencana pemerintah dalam pembatasan pembangun-an nikel smelter kelas 2 baru. "Berkaitpembangun-an dengan cadangan nikel kadar di atas 1,6% yang terbatas," ungkap Prihadi kepada Kontan.co.id, Senin (28/6).

Kendati demikian, Prihadi menjelaskan peng-hentian pembangunan smelter baru harus dibarengi dengan fokus untuk pemenuhan pasokan bagi smelter yang sudah beroperasi maupun tengah dalam tahapan konstruksi.

Prihadi menambahkan, fokus ke depan juga harus tertuju pada hilirisasi produk yang bernilai tambah.

Merujuk data Minerba One Data Indonesia (MODI) Kementerian Energi dan Sumber Daya Mineral (ESDM), pada tahun ini produksi NPI ditargetkan sebanyak 901,08 ribu ton dimana realisasinya hingga Senin (28/6) mencapai 42,30% atau sekitar 381,15 ribu ton.

Sementara itu, dengan besaran target penjualan yang juga sebesar 901,08 ribu ton, realisasi penjualan hingga kini baru men-capai 40,73 ribu ton atau sekitar 4,52%. Adapun, untuk komoditas feronikel rencana produksi tahun ini sebanyak 2,10 juta ton dengan realisasi terkini sebesar 682,39 ribu ton atau sekitar 32,39%. Sementara itu realisasi penjualan baru mencapai 495,23 ribu ton atau 23,50% dari target 2,10 juta ton. Editor: Tendi Mahadi

Green copper demand to average 13% annual growth over next 10

years – report

A

S THE pace and shape of the green transition is fast becoming one of the key themes for the

global economy, copper will experience a surge in demand over 2021-2030, earning a spot on market analyst Fitch Solutions’ list of commodities of the future.

(18)

Daily News Update Page 18 Currently, demand for copper can be broken down into three broad categories: building construction, infrastructure and manufacturing.

However, Fitch notes, the demand profile for copper will change as decarbonisation goals accelerate in 2021, and lead to much more demand from the energy and automotive sectors. Fitch has quantified the impact of the green transition on copper demand, and subsequently revised up its global demand assumptions.

Going forward, Fitch believes that green demand from the power and renewables sector as well as autos will each account for 7.9% of total copper demand by 2030. Estimates are based on forecasts from Fitch’s Power & Renewables and Autos teams.

As a result of greater energy transition, Fitch forecasts green copper as a percentage of total copper demand to rise from approximately 5.6% in 2021 to 15.7% in 2030. Growing from a forecast 1.4mnt in 2021 to 5.4mnt in 2030, Fitch expects green copper demand to average annual growth of 13.0% y-o-y over the next 10 years.

The two most important areas of green copper demand growth: renewable energy and vehicle electrification.

The renewables sector will account for the strongest green copper demand growth over our forecast period, Fitch says, as it is 12 times more copper intensive than traditional energy systems. The renewable energy sector will account for an average 62% of annual green copper demand between 2021 and 2030 and approximately 7.9% of total copper demand by 2030, up from an estimated 5.1% in 2020. However, Fitch notes, its market share will narrow as EV production continues to scale up towards the end of the decade.

Renewable energy will be the dominant contributor to green copper demand over Fitch’s forecast period, accounting for an average 62% of annual green copper demand between 2021 and 2030.

The renewables sector will boost copper demand via large net capacity additions in wind, hydro and solar power sub- sectors.

(19)

Daily News Update Page 19 According to the Copper Alliance, wind turbines require between 2.5 tonnes and 6.4 tonnes of copper per MW for the generator, cabling and transformers. Photovoltaic solar power systems use approximately 5.5 tonnes of copper per MW.

Fitch‘s Power & Renewables team believes that the largest renewables capacity addition will happen in China, India and the US. MINING.com Editor

Mining giant Nornickel eyes sevenfold production increase at

Zapolyarny

By Vladimir Basov

N

ORILSK Nickel (Nornickel), the world's largest producer of palladium and high-grade

nickel and one of the largest producers of platinum and copper, reported that the company and the government of the Krasnoyarsk Territory of Russia signed today an agreement on cooperation in the implementation of investment projects in the Krasnoyarsk Territory. The agreement is intended to support businesses that run investment projects in the region. The company said that one of such projects is Nornickel's "Construction of new mining facilities and upgrade of Zapolyarny Mine (South Cluster)", which provides for an increase in annual ore production up to 9 million tonnes by 2027 through the expansion of the open pit and underground mining operations.

As a result, the total volume of production will increase sevenfold, the company said. The project will open up to 2,000 additional jobs in the Norilsk Industrial District and is included in the "Yenisei Siberia" integrated investment programme approved by the Russian government in 2019.

Nornickel's President Vladimir Potanin commented, "Achieving large-scale tasks in such a vast and strategically important region for Russia as the Krasnoyarsk Territory is impossible without cooperation between the state and large private businesses. This agreement is the next step in the development of private-public partnership. And we are glad that the regional authorities are taking this step towards responsible investors."

According to a statement, the regional government will cultivate favourable investment climate, develop proposals on state support of industrial activity and improve legislation in this area.

(20)

Critical minerals portal opens path to global investment

Nickolas Zakharia

A

USTRALIA, the United States and Canada have collaborated to deliver the Critical Minerals

Mapping Initiative online portal, which contains the world’s largest dataset of critical minerals deposits.

The online portal was created as part of the Critical Minerals Mapping Initiative by Geoscience Australia, the United States Geological Survey and the Geological Survey of Canada.

It is designed to map critical minerals including cobalt, lithium and rare earth elements, and identify new critical mineral regions.

According to Minister for Resources, Water and Northern Australia Keith Pitt, the portal could lead to further global supply chain opportunities for Australia.

“While Australia is known across the world for its rich gold and iron ore deposits, our country also has an abundance of critical minerals – which are key to everything from iPhones to fighter jets,” he said.

“This portal will help secure Australia’s future as a global supplier of critical minerals and contribute to the resource security of two of our most important international partners.” The Critical Minerals Mapping Initiative was established in December 2019 to increase the supply of critical minerals.

“Together with our other initiatives, including the Exploring for the Future program and the Modern Manufacturing Initiative, this government is sending a strong message to the world that Australia is reliable, responsible and ready for investment in critical minerals,” Pitt said. The portal also supports the Australian Government’s Critical Minerals Strategy to make Australia a world leader in critical minerals exploration, extraction, production and processing.

More than 7000 mineral samples from over 60 countries have been identified through the Critical Minerals Mapping Initiative.

Anglo set to complete thermal coal exit with Glencore Cerrejón

transaction

Posted by Daniel Gleeson

A

NGLO American looks set to complete its exit from thermal coal, having agreed to sell its

(21)

Daily News Update Page 21 Glencore and BHP currently each also hold a 33.3% interest in Cerrejón, with Glencore intending to acquire both Anglo American’s and BHP’s interests for $588 million in total, thereby assuming full ownership of the asset upon completion.

Cerrejón is one of the largest surface mining operations in the world and mines high-quality thermal coal for the export market. It moves 550 Mt/y by 100% truck and shovel equipment, using more than 300 trucks.

Anglo, earlier in the year, agreed to demerge its thermal coal operations in South Africa to a new holding company called Thungela Resources Limited, with the latest agreement on Cerrejón marking the completion of its thermal coal exposure.

Mark Cutifani, Chief Executive of Anglo American, said: “Today’s agreement marks the last stage of our transition from thermal coal operations. During that transition, we have sought to balance the expectations of our wide range of different stakeholders as we have divested our portfolio of thermal coal operations, in each case choosing the exit option most appropriate for the asset and its distinct local and broader circumstances.”

Both transactions are subject to a number of competition authority and other regulatory approvals, with completing expected in the first half of 2022.

Glencore said on the transactions: “Based on our long-term relationship with Cerrejón and knowledge of the asset, we strongly believe that acquiring full ownership is the right decision and the progressive expiry of the current mining concessions by 2034 is in line with our commitment to a responsible managed decline of our coal portfolio. Production volumes are expected to decline materially from 2030.”

Serbia to become second-largest European copper producer next year

Published by Jaroslaw Adamowski

S

ERBIA is set to establish itself as the second-largest copper producer in Europe following

the opening of the Cu-karu Peki upper zone of the Timok copper-gold project, according to the Serbian Ministry of Energy. The mine, which is developed by China’s Zijin Mining, is scheduled to be launched in the fourth quarter of 2021.

Serbia’s Energy Ministry has approved the construction of mining fa-cilities and performance of mining operations in Cukaru Peki. The in-vestment is expected to boost Serbia’s stake in the European copper production from 5 to 18 percent of the total, according to the infor-mation obtained by local news site SEENews.com. This would allow Serbia to become Europe’s second-largest producer of copper, pre-ceded only by Poland.

Zijin Mining’s offshoot Rakita Exploration owns a 100 percent stake in the gold-copper project.

(22)

China to build 100m ton coal stockpile this year

Sam Chambers

C

HINA’s National Development and Reform Commission (NDRC) has announced that it plans

to build up around 100m tons of deployable coal reserves this year.

“It is extremely rare for the Chinese government to make statements on building up coal reserves, and this adds to our bullishness for the dry bulk shipping market and seaborne coal market,” commented Jefferey Landsberg, managing director of Commodore Research & Consultancy.

Concerns for both summer and winter coal shortages have continued to intensify

Precise details on the source of the reserves have not been released, but the NDRC has also stated it expects both domestic coal output and imports will increase in the near term. Research from Commodore shows China’s power plant stockpiles are down year-on-year by about 25%, while coal-derived electricity production this quarter has been rising year-on-year by approximately 10%. At the same time, domestic coal production has stayed under government-mandated pressure as accidents and deaths at coal mines have continued to occur in recent months.

Coal port stockpiles in China have also now fallen to the lowest level since February.

“Concerns for both summer and winter coal shortages have continued to intensify in China, and we believe substantial strengthening in coal import demand will occur very soon,” Landsberg predicted.

TABLE OF CONTENTS. No. Title Media Source Page