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ANTM - Injects USD159.6 mn into Feni Haltim
01 October 2025
ANTM - Injects USD159.6 mn into Feni Haltim Aneka Tambang (ANTM) has completed an affiliated transaction with its minority-owned subsidiary Feni Haltim (FHT) where ANTM holds 40% stake and Hongkong CBL Ltd. holds 60%, by injecting USD159.64 mn (~IDR2.64 tn) as additional paid-in capital. The capital injection, executed on 30 September 2025, aims to finance the construction of the Rotary Kiln Electric Furnace (RKEF) smelter and an industrial park in Buli, North Maluku, supporting Indonesia’s nickel downstreaming program. (Source : Company)