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Page 1 OCR 0.923
UM: Man

PRESS RELEASE
PT ANTAM Tbk

For immediate release

ANTAM-PLN Strategic Collaboration to Boost Mineral Downstreaming,
150 MVA Electricity Supply Ready to Optimize Smelter in Kolaka

Kolaka, October 28, 2024 - PT Aneka Tambang Tbk (ANTAM) continues to strengthen its position
in supporting minerals downstream through strategic collaboration with PT PLN (Persero). In this
collaboration, PLN provides a 150 Megavolt Ampere (MVA) electricity supply for ANTAM's
Ferronickel Smelter in Pomalaa District, Kolaka Regency, Southeast Sulawesi.

This electricity supply from PLN will enable ANTAM to swift away from using fossil fuel power plants,
in line with the Company's commitment to increase the use of more environmentally friendly energy
and support the national decarbonization program.

ANTAM's Ferronickel Smelter, managed by the Kolaka Nickel Mining Business Unit, is one of the key
facilities in the mineral downstream chain. Through this cooperation, the plant, which has a
production capacity of 27,000 tons of nickel in ferronickel (TNI) per annum, is expected to operate
more optimally and efficiently to meet market demand, most of which is intended for export.

ANTAM President Director, Nico Kanter explained that collaboration with PLN improves operational
efficiency and supports the Company's efforts to transform technology and reduce carbon
emissions.

“This collaboration is a concrete step in implementing SOE synergy and supporting
downstream using more environmentally friendly energy. This collaboration will not only
benefit both parties, but also for national efforts towards net zero emissions by 2060,” said
Nico.

One of the important benefits of this collaboration is the connection of electricity networks from
renewable energy sources. Nico explainedthat in the initial stage in 2025, ANTAM plans to use
electricity with renewable energy through the Renewable Energy Certificate (REC) purchase scheme
of 112,940 REC units per year or eguivalent to 112.9 Megawatt Hour (MWH).

“This step is one of ANTAM's contributions in supporting the energy transition by using
environmentally friendly energy while ensuring that the ferronickel smelter in Kolaka can
operate with clean energy,” he added.

PLN is committed to fully supporting the smelter industry's electricity needs. PLN President Director,
Darmawan Prasodjo revealed that the smelter is one of the strategic projects supporting minerals
downstream in Indonesia. Therefore, PLN is committed to meeting electricity needs and providing
the best service for the smelter industry.

“The smelter industry reguires enormous electrical energy, and PLN is ready to fulfill this need
with areliable, guality electricity supply and competitive prices. PLN is also ready to

For further information please contact

Syarif Faisal Alkadrie

Corporate Secretary

Tel: (6221) 789 1234

Fax: (6221) 789 1224

E-mail: corsec@antam.com

www.antam.com erantamtbk IKI cOffcialantam WP GOffcialAntam (CJ OffcialANTAM (G) officialantam
Page 2 OCR 0.900
3UMN xx, (9 antam S

PRESS RELEASE
PT ANTAM Tbk

For immediate release

complement the needs of the industrial sector by providing innovative and environmentally
friendly products and services,” Darmawan said.

He added that PLN is ready to supply the electricity needs of ANTAM's smelter in Kolaka through
PLN South Sulawesi, Southeast Sulawesi, and West Sulawesi (“Sulselrabar”) Distribution Unit and
guarantees clean electricity supply in Sulselrabar in sufficient condition with a renewable energy
generation rate of 45.7896, one of the highest in Indonesia.

This cooperation is not only beneficial for both SOEs but also creates a positive impact on the local
and national economy. ANTAM's ferronickel smelter in Kolaka is one of the strategic projects in line
with the government's efforts to encourage mineral downstream and create a multiplier effect
through investment in the industrial sector and renewable energy.

With this collaboration, ANTAM continues to make progress instrengthening its contribution to the
national economy, especially in the mineral sector, and in efforts to transition to green and
sustainable energy.

HH

For further information please contact

Syarif Faisal Alkadrie

Corporate Secretary

Tel: (6221) 789 1234

Fax: (6221) 789 1224

E-mail: corsec@antam.com

www.antam.com erantamtbk IKI cOffcialantam WP GOffcialAntam (CJ OffcialANTAM (G) officialantam

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Published28 Oct 2024
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Names mentioned 5 people and organisations named in the text · linked when the evidence is strong

linked org Aneka Tambang Tbk p.1 ×2
linked person Syarif Faisal Alkadrie p.1 ×2
possible org ANTAM Tbk p.1 ×4
possible person Darmawan Prasodjo p.1
unresolved org PT PLN (Persero) p.1

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