Antam announces cooperation with Hartadinata Abadi

PT Aneka Tambang Tbk (ANTM) together with its subsidiaries PT Abuki Jaya Stainless Indonesia (AJSI) and PT Hartadinata Abadi Tbk (HRTA) have signed a Proof of Concept cooperation contract for Production and Sales of Micro Gold Bar Products and Jewelry on May 28 2021.

This cooperation is carried out in the context of developing new gold products as a corporate strategy for gold commodities. This cooperation will take place from July 1 to December 31, 2021.

With this collaboration, Antam, through AJSI and Hartadinata, will develop business activities for the production and sale of pure gold (99.99%) micro (microbar) gift series and premium fractions of 0.1 gram and 0.25 gram as well as jewelry with a grade of 244. rust whose raw material comes from the Precious Metal Processing and Refinery Business Unit.

This cooperation is in line with Antam’s strategy to focus on developing a customer base for precious metals in the domestic market, especially the untapped micro gold market share.

 

Source:https://www.idnfinancials.com/news/39260/antam-announces-cooperation-hartadinata-abadi