In  2017  (FY17)  ANTAM’s unaudited  net  sales reached Rp12.55 trilion, with gold as the largest contributor of ANTAM’s revenue, amounting to Rp7.37 trillion or 59% of total FY17 unaudited net sales. ANTAM’s unaudited net sales in FY17 grew 38% compared to net sales figure of 2016 (FY16).

In the fourth quarter of 2017 (4Q17), ANTAM’s unaudited net sales was recorded at Rp5.59 trillion or increased 110% compared to net sales revenue in the fourth quarter of 2016 (4Q16) of Rp2.66 trillion.

FERRONICKEL

In  FY17  ANTAM  reached  all  time  high  for  ferronickel  production and   sales volume. ANTAM’s ferronickel production volume reached 21,762  TNi,  a  7%  increase  from  ferronickel production in 2016 of 20,293 TNi. Meanwhile, ANTAM’s ferronickel sales volume amounted to 21,813  TNi,  an  increase  of  4%  compared  to ferronickel sales volume of FY16 of 20,888 TNi.

In 4Q17, ANTAM’s ferronickel production reached 5,949 TNi, remains stable compared to 4Q16 production volume which amounted to 5,900 TNi. ANTAM’s ferronickel sales volume in 4Q17 recorded  8,997  TNi  or  a  2%  increase  from ferronickel sales in 4M16 of 8,793 TNi. Higher production  and  sales  in  FY17  is  due  to completion of roof replacement of the Electric Smelting Furnace-3 (ESF-3) and the optimization of FeNi III ferronickel plant production facilities in March 2017 as part of ANTAM’s commitment to increase ferronickel production and sales performance in the midst of positive trend of nickel price.

In FY17, ferronickel sales was the second largest contributor  to  ANTAM’s  unaudited  net  sales, amounting to Rp3.17 trillion or 25% of the total net sales. ANTAM’s revenue from ferronickel sales in  FY17  increased  14%  compared  to  FY16 ferronickel revenue of Rp2.78 trillion. In 4Q17, the unaudited  ferronickel  sales  reached  Rp1.43 trillion, an increase of 11% compared to 4Q16 ferronickel net sales of Rp1.29 trillion.

NICKEL ORE

In 2Q17, ANTAM commenced export of low grade nickel  ore   (<1.7%Ni)   inline   with the recommendation from the Ministry of Energy and Mineral Resources (MEMR) to export 2.7 million wmt of nickel ore. On October 2017, ANTAM received additional export of low grade nickel ore from the MEMR for 1.2 million wmt inline with the East Halmahera Ferronickel Plant Development Project in North Maluku with 13,500 TNi per annum capacity.

Total production of nickel ore in FY17, which was used as ore feed for ANTAM’s ferronickel plant as well as being sold to domestic third party smelter and export market, amounted to 5,572,056 wmt, consisting of 2,092,642 wmt of high grade nickel ore and 3,479,414 wmt of low grade nickel ore. Total production of ANTAM’s nickel ore in FY17 increased 241% compared with FY16 nickel ore production volume of 1.63 million wmt. 

In FY17, ANTAM recorded total nickel ore sales volume of 2,830,335 wmt in which 103,702 wmt of high grade nickel ore and 2,726,623 wmt of low grade nickel ore. ANTAM’s nickel ore sales grew 285% compared to FY16 nickel ore sales.

ANTAM posted an unaudited revenue from nickel ore of Rp1.32 trillion in FY17, a 347% increase from FY16 nickel ore revenue of Rp295 billion.

In 4Q17, ANTAM’s total nickel ore production reached  2,057,570  wmt with  sales volume  of  768,790 wmt, generating Rp369 billion in revenue

• [Editor:王可]