PT Merdeka Copper Gold Tbk produces metals and minerals that are essential for the advancement of human life. As an Indonesian metal and mineral mining holding company headquartered in Jakarta, Merdeka explores, extracts, and produces gold, silver, copper, and other minerals through subsidiaries spread across three islands in Indonesia. Merdeka also has a subsidiary in the field of mining construction services.
Merdeka is developing several projects: the Tujuh Bukit Copper Project, an underground copper mine in Banyuwangi, which is one of the largest undeveloped copper deposits in the world; and the Pani Gold Project in Gorontalo, Sulawesi, which will become one of the major primary gold mines in Indonesia.
Continuing to innovate, Merdeka developed Merdeka Battery Materials (MBM), operated the nickel mine and smelters, and integrated with nickel industrial area development in Sulawesi. MBM will become one of the main suppliers of raw materials for global electric vehicle production.
Established in 2012, Merdeka became a public company in 2015 with the stock code MDKA. Merdeka is owned by prominent shareholders, including PT Saratoga Investama Sedaya Tbk, PT Provident Capital Indonesia (through PT Mitra Daya Mustika and PT Suwarna Arta Mandiri), and Garibaldi Thohir.
To achieve its vision of becoming a global leader in Indonesia’s mining and metals industry, Merdeka sets the highest standards in environmental, social, and corporate governance (ESG) performance. We believe that long-term success requires the integration of sustainability in all aspects of the business. Only then can we continue to contribute to the development of Indonesia and the advancement of human life.
In October 2023, Merdeka achieved an upgrade in its ESG MSCI (Morgan Stanley Capital International) rating, from BBB to A. With this achievement, Merdeka stands as the only mining company in Indonesia in the MSCI Diversified Metals and Mining category that received the A rating.