Provident

PT Merdeka Battery Materials Tbk (MBMA) announced its financial performance for the 12 months ending 31 December 2023. MBMA achieved record revenue of US$1.3 billion and EBITDA of US$98 million, marking a 192% and 103% increase compared to FY2022, respectively. This growth was driven by the production of 65,117 tonnes of nickel in nickel pig iron (“NPI”) and 30,333 tonnes of nickel in nickel matte. Total sales were 64,526 tonnes of NPI and 28,129 tonnes of nickel in nickel ma

PT Merdeka Copper Gold Tbk raised US$50 million through a private placement to bolster its financial position and support ongoing development projects. This strategic move underscores the company's commitment to expanding its operational capacity and enhancing shareholder value. Read full article here.

PT Merdeka Copper Gold Tbk announced its FY2023 results, with revenue of US$1.7 billion and EBITDA of US$242 million. The Company produced 138,666 ounces of gold, 12,706 tonnes of copper, 65,117 tonnes of nickel in nickel pig iron (NPI), and 30,333 tonnes of nickel in nickel matte. Read full article here.

PT Merdeka Copper Gold Tbk (MDKA) announced positive Feasibility Study results for its Pani Gold Project in Gorontalo, Sulawesi. The study confirms Pani as a large-scale, low-cost open-pit operation with a projected peak gold production of 500,000 ounces per annum and an ultimate processing capacity of 19.0Mtpa. The project boasts robust economics with a post-tax NPV8 up to US$2.89 billion and an IRR of 41%. Initial production is targeted for late 2025, with the first gold po

PT Merdeka Copper Gold Tbk issued the fifth tranche of Continuation Bonds IV, totaling Rp1.5 trillion (approximately US$96 million). This issuance is part of the company's ongoing efforts to optimize its capital structure, with an outstanding bond balance of approximately US$1.0 billion as of 31 March 2024. Read full article here.

PT Tower Bersama Infrastructure Tbk announced the completion of the issuance of Sustainable Bonds VI Tower Bersama Infrastructure Phase...

PT Tower Bersama Infrastructure, Tbk. (“TBIG”) announced its interim financial results for the nine months ending 30 September 2023. TBIG...

PT Merdeka Battery Materials Tbk (MBMA) announced its financial performance for the nine months ending 30 September 2023. MBMA achieved...

PT Merdeka Copper Gold Tbk announced its Q3 2023 results, with revenue of US$1.2 billion and EBITDA of US$182 million for the nine months...

PT Merdeka Copper Gold Tbk announced that its Environmental, Social and Governance rating has been upgraded by MSCI Inc. to an ‘A’ rating...

PT Merdeka Copper Gold Tbk announced its Q2 2023 results, highlighting the production of 64,277 ounces of gold, 7,181 tonnes of copper,...

PT Merdeka Battery Materials Tbk (MBMA) announced its financial performance for the first half ending 30 June 2023. MBMA achieved...

PT Merdeka Battery Materials Tbk announced it has signed definitive agreements with subsidiaries of GEM Co., Ltd to construct a...

PT Tower Bersama Infrastructure, Tbk. (“TBIG”) announced its interim financial results for the six months ending 30 June 2023. TBIG...

PT Tower Bersama Infrastructure Tbk (“TBIG”) announced the completion of the issuance of Sustainable Bonds VI Tower Bersama...

PT Merdeka Battery Materials Tbk announced the completion of the acquisition of a 60% interest in PT Huaneng Metal Industry, a high-grade...

PT Merdeka Copper Gold Tbk announced Q1 2023 results. Key highlights include total production of 25,830 ounces of gold, 4,053 tonnes of...

PT Merdeka Copper Gold Tbk announced the completion of the pre-feasibility study (“PFS”) for the Tujuh Bukit copper project (“TB...

PT Merdeka Copper Gold Tbk announced its Q4 2022 results, with total production of 125,133 ounces of gold, 19,551 tonnes of copper, and...

On the 18 April 2023, PT Merdeka Battery Materials Tbk ("MBM") had its market debut on the Indonesian Stock Exchange. MBM is an...