The company generates healthy cash flows, and has prudent capital management. The company became a limited liability state-controlled company in 1968 with the merger of several single commodity mining companies. In 1997, the company conducted an initial public offering (IPO) and listed its shares on the Indonesia Stock Exchange and 35% were sold by the government to the public, to raise money for a ferronickel expansion. In 1999, Antam listed its shares in Australia as a foreign exempt entity and then in 2002 augmented its status to the more stringent ASX Listing.
Antam's objectives are centered on increasing shareholder value. The companyf's main objective is to enhance shareholder value by lowering costs while profitably expanding operations in a sustainable manner. The strategy maintains focus on Antam's core business of nickel, gold and bauxite with a view to maximizing output in order to increase cash generation and lower unit costs. Antam plans to sustain growth through reliable expansion projects, strategic alliances, increasing quality reserves and adding value by moving away from selling raw materials and increasing processing activities. Antam will also maintain financial strength. By generating as much cash as possible Antam ensures it will have sufficient funds to repay debts, finance continued growth and pay dividends. Lowering costs means operating more efficiently and productively, as well as increasing capacity to benefit from economies of scale.
As a mining company, Antam realizes its operations have a direct impact on the surrounding environment and nearby communities. Environmental sustainability and community development are not viewed merely as being socially responsible, but also as risk management. The characteristic of mining in Indonesia is that it plays a big role in the development of remote areas and so given the mine's large role in community development it is crucial to operate not as an outsider but as a member of the community and a good corporate citizen and thereby reduce the likelihood of business interruptions. Antam believes environmental sustainability and proactive community development are necessary to successfully operate a mine. Serious attention to natural conservation efforts and proactive participation in community development are one of the keys to successful mining activities.
Antam's Vision 2020:
- "To be a global mining based corporation, with healthy growth and world-class standards"
- To build and implement world-class best practices in order to transform Antam into a truly global player.
- To create operational excellence based on low cost operations and appropriate technology with the utmost concern for health, safety and environmental conservation.
- To process the existing mineral reserves and new deposits to enhance the company’s competitive advantages.
- To encourage healthy growth through the development of mining related businesses and selective diversification and integration to maximise shareholders’ value.
- To improve employees’ competencies and welfare, while developing a corporate culture that embraces outstanding performance.
- To participate in efforts to improve the social welfare of communities in the vicinity of the mining areas specifically in the fields of education and economic empowerment.
Our main objective is to enhance shareholder value by lowering costs while profitably expanding operations in a sustainable manner.
Our strategy is to focus on our core business. We ask ourselves, “how can we generate the most value from our reserves?” We build on our existing strengths to ensure long term profitability. By maximizing output we increase cash generation and lower unit costs.
We sustain growth through reliable expansion projects, strategic alliances, acquisitions, increasing quality reserves and adding value by moving away from selling raw materials and increasing processing activities.
We maintain financial strength. By generating as much cash as possible we ensure we have the funds to repay our debts, finance our continued growth and pay dividends.
Jobs Available
Human resources is a great factor to achieve our vision become a global mining based corporation, with healthy growth and world-class standards in 2020. Now we are opening opportunities for diploma and bachelor degree graduated to fill the positions as:
Bachelor Graduated
Corporate Culture SpecialistExternal Relations Specialist
Legal Affairs Specialist
Tax Specialist
Safety Specialist
Tax Holding Specialist
Diploma Graduated
Safety Officer
Accounting
Senior Accounting
Laboratory & Instrument Team Leader
Submit Applications
This vacancy is only for qualified candidates, if you feel qualified you are welcome to apply. The deadline of application is February 05th, 2012.
