20240913_ANTM_Laporan Informasi dan Fakta Material_31726026_lamp2.pdf

UM: Man

PRESS RELEASE
PT ANTAM Tbk

For immediate release

ANTAM, Regional-Owned Enterprises of South Sulawesi and East Luwu Form
Joint Venture for Nickel Development

Makassar, September 13, 2024 - PT Aneka Tambang Tbk (ANTAM: IDX: ANTM: ASX: ATM),
member of PT Mineral Industri Indonesia (Persero) (MIND ID), The State-Owned Enterprise of
Mining Industry, has established a partnership with PT Sulsel Citra Indonesia (Perseroda) or SCI
and PT Luwu Timur Gemilang (Perseroda) or LTG to form a joint venture forthe development of
nickel mining in the Pongkeru Block, East Luwu, South Sulawesi.

This partnership was signed by ANTAM President Director Nico Kanter, LTG Director Iwan
Usman, and Acting SCI President Director Machmud Achmad. South Sulawesi Governor Zudan
Arif Fakrulloh and East Luwu Regent Budiman were also witnessing the signing.

ANTAM President Director Nico Kanter explained that establishing this joint venture is a
form of synergy between State-Owned Enterprises and Regional-Owned Enterprises in
optimizing nickel potential in the Pongkeru Block.

“This collaboration is an important step in managing nickel resources responsibly and
sustainably, following the principles of good mining practice. We believe this
collaboration between State-Owned Enterprises and Regional-Owned Enterprises will
provide long-term added value for the national nickel industry,” said Nico.

ANTAM, as the majority shareholder, takes the lead in this collaboration. SCI and LTG, as the
Provincial and Regency Regional-Owned Enterprises, respectively, play a supporting role with
minority shares. This strategic distribution of shares is designed to enhance the role of Regional-
Owned Enterprises in the mining industries and create real benefits for regional income and the
community, including increasing welfare and new job opportunities.

“We are sure that with the support of stakeholders, this joint venture will contribute to
the development of the local economy and community welfare,” added Nico.

This joint venture will manage the mining area in the Pongkeru Block WIUPK (Special Mining
Business Licence Area) in accordance with the Decree of the Minister of Energy and Mineral
Resources No. T-304/MB.04/MEM.B/2024. In the future, this company is expected to become a
key player in the nickel business chain in Indonesia, with optimal contribution to the national
mining sector.

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For further information please contact

Syarif Faisal Alkadrie

Corporate Secretary

Tel: (6221) 789 1234

Fax: (6221) 789 1224

E-mail: corsec@antam.com

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