By Tri Subhki R
IDX-listed coal and integrated nickel mining firm PT Harum Energy Tbk (IDX: HRUM) plans to increase its nickel ore output to 2.5 million wet metric tons (wmt) in 2025, up from 963,028 wmt in 2024. The company produces nickel ore through its indirect subsidiary PT Position, a nickel miner located in East Halmahera Regency, North Maluku Province.
“We plan to increase our nickel ore output this year up to 2.5 million wmt,” said Ray Antonio Gunara, President Director of Harum Energy, during a public expose on Tuesday.
PT Position holds a concession covering 4,017 hectares with 215 million dry metric tons of nickel resources and began production in October 2024.
Read also: Harum Energy reports strong 2024 growth driven by nickel
In the nickel downstream segment, Harum produces nickel pig iron (NPI) and high-grade nickel matte through its smelters, PT Infei Metal Industry (IMI) and PT Westrong Metal Industry (WMI), both located in Weda Bay Industrial Park, Central Halmahera. The company targets production of 71,000 to 75,000 tons of nickel (NPI and high-grade matte) this year, up from 57,583 tons in 2024. Harum also plans to commence production of mixed-hydroxide precipitate (MHP) from its HPAL smelter, PT Blue Sparking Energy (BSE), by the end of 2025.
Harum’s nickel business contributed 58 percent of total consolidated revenue, amounting to US$298.9 million, in the first quarter of 2025. In comparison, the coal segment accounted for 63 percent of total consolidated sales in the same period in 2024.\
Join The 4th Nickel Producers, Processors, and Buyers Conference.
7&8 August 2025 | Shangri-La Jakarta, Indonesia. Sponsorship and conference registration, click here.
Editing by Reiner Simanjuntak
