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.
In Banyuwangi, East Java, Merdeka operates the Tujuh Bukit Gold Mine as 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 producing and exporting cathode copper.
In addition to these mining operations, Merdeka is developing long-term mining projects with world-class reserves. Beneath the surface of the Tujuh Bukit Gold Mine, Merdeka is developing the Tujuh Bukit Copper Project which has one of the world’s largest undeveloped copper resources, with a potential mine life of up to 30 years and could increase Indonesia’s copper production by 10-15%. In addition, Merdeka is developing the Pani Gold Project in Pohuwato, Gorontalo, which will become one of the major primary gold mines in Indonesia.
Merdeka also continues to innovate. Through PT Merdeka Battery Materials Tbk (MBM), with stock code MBMA, Merdeka is developing the electric vehicle battery value chain. MBM manages the operation of a nickel mine and smelter connected to the development of a nickel industrial area in Sulawesi and will become one of the main suppliers of battery raw materials for the world’s electric vehicles.
MBM also manages the AIM (Acid, Iron, Metal) Project in Morowali, Central Sulawesi, which processes the remaining mineral ore from the Wetar Copper Mine. The AIM project will extend the operating life of the Wetar Copper Mine.
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, which simultaneously places Merdeka as one of the few Indonesian mining companies in the top quartile among diversified Metals and Mining companies.
