Antam will continue to focus on core products

Publicly listed miner PT Aneka Tambang Tbk announced on Wednesday in response to reports regarding the apparent consideration to merge PT Timah with Antam. Antam, like Timah, is majority held by the Indonesian government.

Corporate Secretary, Dohar Siregar said, "Antam is focused on developing its core products. A merger with PT Timah can only be considered following an assessment of its compatibility with our long-term corporate goals and strategy.?

?We must determine if merging with Timah will create value and enhance our position as a world class, cost efficient company and if we have sufficient financial strength. Finally, we want to ensure that this, and indeed any strategic move, will respect the interests of all our stakeholders," Siregar added. (*)