PT Merdeka Copper Gold Tbk is always open to new potentials and innovations to achieve its vision of becoming a global leader in Indonesia’s mining and metals industry. Since its establishment, Merdeka has acquired, operated, and developed strategic mining projects and operations. Its business assets are projects with world-class mineral reserves and leading mining operations in Indonesia.
Merdeka now operates three mines across Indonesia. In Banyuwangi, East Java, Merdeka operates the Tujuh Bukit Gold Mine, a low-cost gold mine with environmentally responsible management. Merdeka also operates the Wetar Copper Mine on Wetar Island, Southwest Maluku, the only mine in Indonesia that produces and exports copper cathode. The third operation is the Pani Gold Mine in Pohuwato, Gorontalo, Sulawesi, which commenced operations on 1 October 2025 and will become one of Indonesia’s major primary gold mines in Indonesia.
In addition to its operating mines, Merdeka is developing the Tujuh Bukit Copper Project, located beneath the Tujuh Bukit Gold Mine. This underground project hosts one of the world’s largest undeveloped copper resources, with a potential mine life of up to 30 years and the capacity to increase Indonesia’s copper production by 10-15%.
In another line of business, Merdeka continues to innovate through PT Merdeka Battery Materials Tbk (MBM), listed under the stock code MBMA, which is developing the electric vehicle battery value chain. MBM operates a nickel mine and smelter integrated with the development of a nickel industrial area in Sulawesi, making it part of the global energy transition ecosystem as one of the main suppliers of battery raw materials for electric vehicles worldwide.
MBM also manages the AIM (Acid, Iron, Metal) Plant in Morowali, Central Sulawesi, which processes spent ore from the Wetar Copper Mine and extends the mine’s operational life.
All of Merdeka’s business assets are managed with a high commitment to ESG (Environment, Social, and Governance) performance. Merdeka’s commitment to sustainability and various initiatives related to environment, social, and governance has been recognized by world ESG ranking agencies.
