OREMAVEN
XMM 7,722.00 -2.63% YTD +5.6% OM ASX 450.55 -2.56% YTD +0.1% OM PRECIOUS 349.20 -2.24% YTD +2.5% OM EX-PREC 418.91 -2.72% YTD -1.1% XAU 4,115.59 +2.31% YTD -4.9% GLD 375.49 +0.81% YTD -5.2% GDX 85.75 +1.37% YTD -0.0% SIL 77.33 -1.00% YTD -7.3% COPX 70.23 -5.81% YTD -1.8% URNM 40.07 -2.79% YTD -27.0%
2026-11-06
◂ Monitor ATM ASX

PT ANTAM (Persero) Tbk

Producer · Gold · Nickel · Bauxite · ID Rating locked: sign in to view v8 · atm-20261024t191007-full
Last 2026-11-05
A$1.115
1D
—
1M
—
YTD
—
1Y
—
Upside
Locked: sign in to view
Mkt cap
A$5.4B
EV
A$5.4B
Cash
A$750.2M
Debt
A$466.8M
2 newer ASX announcements not yet reflected in this valuation

Narrative and provenance

Research & Sources

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Chronological evidenceSource-document inventory19 documents
ATM local cutoff reference close and security basisMarket Data · HighExtracted

Local carried close A$1.12 on October 13, 2026, volume zero. Five ordinary shares per ASX CDI verified from issuer accounts; not a live October 24 quote.

Document ID
doc-atm-2026-10-13-asx-price
Published UTC
2026-10-13T06:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
RBA daily exchange rates October 13, 2026Market Data · HighExtracted

Primary RBA October 13 observation: IDR 12,470 per AUD, USD 0.6961 per AUD; source CSV retained in scratch and cutoff row used. Later observations excluded.

Document ID
doc-atm-2026-10-13-rba-fx
Published UTC
2026-10-13T06:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Latest eligible local ASX ATM CDI close and actual tradeMarket Data · HighExtracted

Local repository latest close A$1.12 October9 volume0. Latest nonzero-volume row October7 close A$1.12 volume892. Quote age4days; actual trade age6days. Generic provider ordinary-share label corrected using issuer five-underlying-shares-per-CDI disclosure; small register and turnover create execution risk.

Document ID
doc-atm-2026-10-09-asx-price
Published UTC
2026-10-09T00:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Resources and Energy Quarterly September 2026Market Data · HighExtracted

Independent nominal commodity forecasts distinguish gold US$/oz, LME nickel US$/contained tonne and FOB Australia alumina US$/tonne. Bauxite ore and chemical-grade alumina are different products.

Document ID
doc-atm-2026-10-02-req
Published UTC
2026-10-02T00:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
ANTAM public expose: current downstream project stagesOperations · HighExtracted

Issuer September public expose reports half-year results and pre-construction manufacturing facility; later body date used conservatively.

Document ID
doc-atm-2026-09-11-issuer-update
Published UTC
2026-09-11T00:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Eramet: Weda Bay restarts mining after four months care and maintenanceOperations · HighExtracted

Partner reports Weda Bay mine restart after four months of care and maintenance; remainder-of-2026 volumes and grades not guided.

Document ID
doc-atm-2026-09-10-wbn-restart
Published UTC
2026-09-10T00:00:00+00:00
Projects
—
Commodities
nickel
Open original source ↗
Updated Half Year Report and AccountsResults · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-09-01-hy
Published UTC
2026-09-01T08:05:41Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Half Yearly Report and AccountsResults · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-08-31-hy-original
Published UTC
2026-08-30T21:53:34Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
ANTAM Posts Rp6.91 Trillion Net Profit in 1H26Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-08-31-hy-release
Published UTC
2026-08-30T21:53:44Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Quarterly Activities Report 2Q26Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-07-31-q2
Published UTC
2026-07-31T09:13:31Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
RBA daily exchange rates: IDR per A$1 and average reciprocalsOther · HighExtracted

Balance date: A$1 = Rp12,298 on June30. 123 daily observations over Jan-Jun26: mean AUD-per-IDR 0.00008280291483076654. Balance amounts divided by closing IDR/AUD; flows multiplied by daily-average reciprocal. These conversions are comparison values, not issuer reporting currency. FY2025 comparison balances use 31 December closing Rp11,174 per AUD; flows use the calendar-year mean daily reciprocal 0.00009421354927589498 over 251 observations.

Document ID
doc-atm-2026-06-30-rba-fx
Published UTC
2026-06-30T00:00:00+00:00
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Annual Report to shareholdersResults · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-05-01-annual
Published UTC
2026-04-30T22:20:34Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Quarterly Activities Report 1Q26Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-04-28-q1
Published UTC
2026-04-28T09:29:51Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Full Year Statutory AccountsResults · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-04-01-fy
Published UTC
2026-03-31T22:51:38Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
ANTAM Strong Performance in 2025Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-04-01-fy-release
Published UTC
2026-03-31T22:52:33Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Quarterly Activities Report 4Q25Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2026-01-30-q4
Published UTC
2026-01-30T08:53:43Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Quarterly Activities Report 3Q25Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2025-10-28-q3
Published UTC
2025-10-27T21:19:34Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
ANTAM Profit Increase 240% in the First Half of 2025Operations · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2025-09-01-old-release
Published UTC
2025-08-31T22:15:29Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Half Yearly Report and AccountsResults · HighPartial

Issuer release retained in local package; factual observations verified from the prepared primary source pages.

Document ID
doc-atm-2025-08-29-old-hy
Published UTC
2025-08-29T09:18:30Z
Projects
—
Commodities
gold · nickel · bauxite
Open original source ↗
Evidence facts47
rf-atm-1-hyCash and banks

9226074000000.0 IDR

2026-06-30
rf-atm-2-hyRestricted cash

807056000000.0 IDR

2026-06-30
rf-atm-3-hyBank debt current plus noncurrent

5740440000000.0 IDR

2026-06-30
rf-atm-4-hyLeases current plus noncurrent

84791000000.0 IDR

2026-06-30
rf-atm-5-hyParent book equity

37270011000000.0 IDR

2026-06-30
rf-atm-6-hyConsolidated inventory

14695146000000.0 IDR

2026-06-30
rf-atm-7-hyDividend payable

4901547000000.0 IDR

2026-06-30
rf-atm-8-hyParent NPAT

6388586000000.0 IDR

2026-06-30
rf-atm-9-hyConsolidated profit

6912857000000.0 IDR

2026-06-30
rf-atm-10-hyRevenue

62714280000000.0 IDR

2026-06-30
rf-atm-11-hyOperating cash flow

-751862000000.0 IDR

2026-06-30
rf-atm-12-hyCash capital expenditure all four investing additions

303976000000.0 IDR

2026-06-30
rf-atm-13-hyGlobally issued shares

24030764725 shares

2026-06-30
rf-atm-14-hyUnderlying Series B shares per CDI

5 shares/CDI

2026-06-30
rf-atm-15-hyGlobal CDI-equivalent share denominator

4806152945.0 CDI

2026-06-30
rf-atm-16-hyActual Australian register

1303649 CDI

2026-06-30
rf-atm-17-hyNickel operating segment attributable NAV anchor

6634215000000.0 IDR

2026-06-30
rf-atm-18-hyPrecious metals and refinery segment attributable NAV anchor

12268147000000.0 IDR

2026-06-30
rf-atm-19-hyBauxite and alumina operating segment attributable NAV anchor

4049384000000.0 IDR

2026-06-30
rf-atm-20-hyFeni Haltim associate attributable NAV anchor

3106169000000.0 IDR

2026-06-30
rf-atm-21-hyWeda Bay Nickel associate attributable NAV anchor

2539063000000.0 IDR

2026-06-30
rf-atm-22-hyBorneo Alumina Indonesia associate attributable NAV anchor

2104576000000.0 IDR

2026-06-30
rf-atm-23-hyJiu Long Metal Industry associate attributable NAV anchor

1985787000000.0 IDR

2026-06-30
rf-atm-ebitdaIssuer-reported EBITDA

9620000000000.0 IDR

2026-06-30
rf-atm-fy-cashUnrestricted cash and equivalents

8433610000000.0 IDR

2025-12-31
rf-atm-fy-debtBank debt, current plus noncurrent

4250244000000.0 IDR

2025-12-31
rf-atm-fy-lease_liabilitiesLease liabilities, current plus noncurrent

121859000000.0 IDR

2025-12-31
rf-atm-fy-book_equityEquity attributable to owners of the parent

35298207000000.0 IDR

2025-12-31
rf-atm-fy-revenueAudited full-year revenue

84642439000000.0 IDR

2025-12-31
rf-atm-fy-npatAudited full-year parent NPAT

7208834000000.0 IDR

2025-12-31
rf-atm-fy-operating_cash_flowAudited statutory operating cash flow

4853256000000.0 IDR

2025-12-31
rf-atm-fy-capexCash fixed, exploration and intangible additions; excludes associate investment

699363000000.0 IDR

2025-12-31
rf-atm-fy-ocf-headlineIssuer release operating cash-flow headline; conflicts with audited statutory table

5620000000000.0 IDR

2025-12-31
rf-atm-1-doc-atm-2026-06-30-rba-fxIDR per AUD closing balance-date rate

12298 IDR/AUD

2026-06-30
rf-atm-2-doc-atm-2026-06-30-rba-fxMean daily reciprocal flow conversion

8.280291483076654e-05 AUD/IDR

2026-06-30
rf-atm-fx-fy-closing2025 balance-date IDR per AUD

11174 IDR/AUD

2025-12-31
rf-atm-fx-fy-average2025 mean daily reciprocal over 251 observations

9.421354927589498e-05 AUD/IDR

2025-12-31
rf-atm-1-doc-atm-2026-10-09-asx-priceLatest eligible carried close

1.12 AUD/CDI

2026-10-09
rf-atm-2-doc-atm-2026-10-09-asx-priceLatest actual nonzero trade volume

892 CDI

2026-10-07
rf-atm-1-doc-atm-2026-09-10-wbn-restartMonths in care and maintenance before restart

4 months

2026-09-10
rf-atm-1-doc-atm-2026-09-11-issuer-updatePlanned JIIPE capacity approximately

30000 kg/yr

2026-09-11
rf-atm-cutoff-priceLatest eligible carried close

1.12 AUD/CDI

2026-10-13
rf-atm-cutoff-fxIDR per Australian dollar

12470 IDR/AUD

2026-10-13
rf-atm-cutoff-usdaudUS dollars per Australian dollar

0.6961 USD/AUD

2026-10-13
rf-atm-req-gold2027Gold 2027 nominal forecast

4567 USD/oz Au

2026-10-02
rf-atm-req-nickel2027LME nickel 2027 nominal forecast

17457 USD/t Ni

2026-10-02
rf-atm-req-alumina2027FOB Australia alumina 2027 nominal forecast

351 USD/t alumina

2026-10-02
Conflicts requiring judgment5
  • Listed issuer and security

    ATM here is PTANTAMASXCDI, not AndradaAIMATM. Genericordinarysharepriceproviderlabel corrected to fiveunderlyingsharesperCDI; globaldenominator converted once.

  • Digitalsignature and figures

    September1updateexplicitlychangesonlydisplayofauditordigitalsignature, not figures. Useupdatedaccounts once.

  • FY25 preliminary versus audited sales

    Auditedgold37,365kg andchemicalalumina179,828t supersedepreliminary37,406kg/180,221t. Historicalmineproductionseries remainsoperationalunaudited.

  • Issuerwebrelease publicationdate

    HeaderSeptember10/bodySeptember11; adoptlaterdateconservatively. Bothbeforecutoff.

  • FY2025 operating cash flow

    Use audited statutory cash-flow table Rp4.853256 trillion, repeated in the later annual-report cash-flow table. Release headline Rp5.62 trillion is unreconciled and not used as statutory OCF. Do not fabricate an adjustment or combine the two.