26
May
11:40
Antam records doubled earnings on strong profitability
PT Aneka Tambang Tbk (Antam) in Indonesia recorded a year-on-year surge of 132% in the first quarter this year, due to solid improvement of gross and operating profits as well as higher commodity prices.
Quarterly pure nickel in ferronickel production fell 10% y-o-y to 5,681 tonnes, while sales amounted to 5,660t with a negligible decline of 1%, Kallanish notes.
Production of nickel ore clocked up 2.92 million wet metric tonnes with a rise of 11% i…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous