For the first time ever, nickel mining has been recognized as an important contributor to Indonesia’s GDP. The top 6 nickel mining companies in Indonesia (listed below) have contributed $2 billion USD to the country’s economy in 2022 alone.
This is a really great achievement for these companies and their employees. Mining is not easy work, but it does provide jobs and opportunities for many people who live in remote or rural areas of Indonesia. Nickel prices are also steadily increasing at this time so it will be interesting to see how much more revenue these companies will generate in 2022!
This article includes information about:
- what each company does and specialties
- who owns each company
- where their headquarters is located
- how many employees
Top 6 Nickel Mining Companies In Indonesia
Here, we’ll explore nickel mining companies in Indonesia. From the largest producers to the most recent findings, we will cover everything you need to know about these companies and their production process.
1.Adaro Energy Indonesian nickel mining company
One of the largest nickel mining companies in Indonesia, Adaro Energy produces about 13% of the global nickel supply. The company’s mines are located on Kalimantan and Sulawesi islands with headquarters based in Jakarta. They have a total of nine offices across different locations including Milan (Italy), Rio de Janeiro (Brazil), and Perth (Australia).
|Employees:||~2500 people including contractors|
|Revenue Per Year (USD||USD 3.457 billion (2019)|
2.Aneka Tamban nickel mining company
Aneka Tamban nickel mining company is a subsidiary of PT Vale Indonesia. It operates two mines in East Kalimantan, one located around the town of Sambaliung and another near Kahayan village. The latter also produces gold, copper, and silver along with nickel ore.
The mine at Sambaliung covers an area of 83 square kilometers (32 sq mi) while that at Kahayan has an area measuring 108 square kilometres (42 sq mi).
Aneka Tamban nickel mining company was established on January 12th, 1992 as its predecessor Krakatau Mining Corporation had been dissolved by merging it into Vale Indonesia Limited after restructuring to prepare for privatization since October 1991; thus Aneka Tamban became part of Vale’s group structure when it listed in the Jakarta Stock Exchange on November 1993.
|Revenue Per Year||Rp 874 billion (2018)|
3.Berau Coal Energy- Nickel Mining Companies In Indonesia
Berau Coal Energy is a subsidiary of Vale Indonesia Limited (VIL). VIL owns 100% shares in Berau Coal Energy. The company operates coal mines that produce thermal and coking coal, as well as a power plant. In 2018, the world’s fourth-largest nickel producer by volume recorded sales revenue of Rp 11 trillion (US$786 million) with an operating profit of Rp 413 billion; however, at the same time, it was declared bankrupt by an Indonesian court for failing to repay debts amounting to more than US$70m due since 2011.
|Revenue Per Year (USD)||US$507 million (2012)|
4.Bumi Resources- Indonesia Mining Company
Bumi Resources Tbk is one of the biggest nickel mining companies in Indonesia. It operates two nickel mines, namely Bongkar and Kalimantan Timur (Kaltim), as well as a number of other assets including coal concessions, gold deposits, iron ore reserves, chrome properties, and oil palm plantations.
The Company was incorporated on May 18th, 1984 under Indonesian law with its head office located at Jakarta Selatan Kota Administrative City. The shares are traded publicly through both domestic and international markets listed on the Indonesia Stock Exchange’s Main Board since 1985/06/01.
|Revenue Per Year (USD||US$ 4.653 billion (2019)|
5.Inalum Indonesian Nickel Mining Company
Inalum is an Indonesian nickel mining company, with the majority of its nickel production coming from the Grasberg minerals district in Puncak Jaya, Papua province. In 2018 it was estimated to produce 250 000 metric tons (MT) of nickel per year. The Company’s key asset is PT Freeport Indonesia located on a joint venture basis with PT Aneka Tambang Tbk and PT Pukuafu Indah Kencana.
The main shareholders are Teluk Bintuni Development Tbk at 41%, Agung Podomoro Land Incorporated at 27% and Surya Mandirika Utama at 24%. It also holds 50% interest in Nusa Halmahera Minerals Tbk and PT Asiatic Persada.
Inalum has been in operation since 1977 as a nickel exploration, development, and mining company primarily operating in the Grasberg minerals district of Puncak Jaya, Papua province. The Company’s key asset is PT Freeport Indonesia located on a joint venture basis with PT Aneka Tambang Tbk (PT AT) at 50% interest and PT Pukuafu Indah Kencana (PIPK) at 25%.
|Founded||January 6, 1976|
|Revenue Per Year (USD)||Rp 65.28 trillion (2018)|
|Location||Batu Bara, North Sumatra|
6.Newmont Nusa Tenggara
Newmont Nusa Tenggara is one of the biggest nickel mining companies in Indonesia. The Company’s key asset is PT Tembaga Inti Utama (PT TIU) located on a joint venture basis with PT Aneka Tambang Tbk (PAT AMT). PT TIU operates as an open-pit and underground nickel mine, process plant, associated power plants and other support infrastructure near Pemalang in Central Java Province. It also has interests in nickel exploration projects which include some 25% interest in Bengkalis North Exploration Project located off Sumatra Island.
The Newmont Mining Corporation was founded by Henry H. Ross Sr., his two sons John D. Jr., Robert L. Sr., and their wives Lida Ross, Margaret Tingley, Katherine Ross in 1918. The company has been led by chairman Gary J. Goldberg since 2009 after John D. Jr. ‘s death and Robert L. Sr’s retirement in 2007 with president Philip F McKenzie from 2003 to 2011 before being replaced by Mark V Johnson on January 31st 2012 under a new management structure for the corporation.
|Revenue Per Year (USD)||$11.0 billion USD (2010,2011)|
1.Who is the biggest nickel producer?
Newmont operates on six continents and employs 20,000+ people worldwide for the purposes of mining various ores such as gold, copper, silver, iron ore; extracting minerals from quarries; producing potash fertilizer products; and building coal-fired power plants. They have been in operation since 1918 when they were founded by Henry H Ross Sr., his two sons John D Jr., Robert L Sr., their wives Lida Ross (Henry’s wife), Margaret Tingley (John’s wife), and Katherine Ross (Robert’s mother).
2.Where is the largest nickel mine?
3.How much nickel Does Indonesia have?
The nickel mining companies in Indonesia are well-known, and also great contributors to the country’s economy. They provide high-quality nickel which is exported all over the world.
We covered Top six nickel mining companies in Indonesia and they make up the nickel industry in Indonesia. Now you know about Nickel Mining Companies In Indonesia and what their role is in this big country’s economy.