Modest uptick: is INCO worth picking up?
20 Feb 2025 14:45
INCO stood at IDR 2.900-ish level this week, way below last month's record of IDR 3,580 per share.
PTRO is all set for mining service contract worth IDR 4 trillion
06 Nov 2024 17:12
PT Petrosea Tbk (PTRO), a construction and mining service provider company, signed a mining service agreement term sheet between PT Niaga Jasa Dunia (NJD) and PT Bara Prima Mandiri (BPM) last Tuesday (5/11).
PTRO to invest IDR 6 trillion on mining equipment in Central Kalimantan
01 Oct 2024 10:01
PT Petrosea Tbk (PTRO) spent IDR 6 trillion of its capital expenditure (capex) budget in order to acquire new supporting equipment to support business expansion in Central Kalimantan.
No more coal business expansion, UNTR confident on branching out to mineral mining and NRE
18 Sep 2024 14:46
PT United Tractors Tbk (UNTR), an issuer engaged in the mining industry, reasserts its intention to no longer expand its coal mining business and instead direct its focus on diversification to mineral mining and investment in new and renewable energy (NRE).
UNTR to revise Komatsu sales, slightly up to 4500 units
18 Sep 2024 14:15
Despite the normalisation of coal mining industry after sudden surge in commodity price in the past couple of years, PT United Tractors Tbk (UNTR) gains confidence and revises the projection of Komatsu sales to 4500 units.
Astra net profit jumps 17%, ready to distribute dividend IDR 421 per share
27 Feb 2024 18:47
PT Astra International Tbk (ASII) recorded a consolidated net profit of IDR 33.84 trillion by the end of 2023. The growth in profit performance was dominated by the infrastructure and logistics, financial services, and automotive business lines.
Petrosea enters partnership with Hyundai Construction Equipment Asia
08 Sep 2023 18:32
PT Petrosea Tbk (PTRO) has signed a Memorandum of Understanding (MoU) with PT Hyundai Construction Equipment Asia to provide solutions for mining, construction, and heavy equipment sectors in Indonesia.