Antam cuts energy use 59 percent. Nomura cuts target for Antam stock

Published on 10/13/2026 at 10:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Antam stock costs EUR 0.16 on October 13, 2026. Energy use fell 59 percent in first-half 2026, with EUR 0.14 bid and EUR 0.17 ask.

Key points in brief

Antam cut first-half 2026 energy consumption by 59 percent to 4.46 million gigajoules.
Nomura cut its Antam target from IDR 6,100 to IDR 5,300 on September 16, 2026.
Antam stock was trading at EUR 0.16 at Lang & Schwarz on October 13, 2026 at 10:37 a.m. CEST.
First-half 2026 net profit reached IDR 6.91 trillion, up 34.40 percent year over year.

Antam, ID1000106602, Illustration mit AI erstellt.

Antam (ID1000106602) cut total energy consumption by 59 percent in the first half of 2026 to 4.46 million gigajoules, a development CNBC Indonesia reported on October 12, 2026. On September 16, 2026, IDXChannel reported that Nomura cut its Antam target from IDR 6,100 to IDR 5,300 while retaining a Buy recommendation.

Three dated operating milestones

On September 16, 2026, IDXChannel reported first-half net profit of IDR 6.40 trillion and second-quarter revenue of IDR 33.40 trillion. On October 10, 2026, Investor.id reported that Antam presented a gold ATM at Snada Indonesia 2026, with six 0.50-gram gold pieces offered through event activities. The October 12, 2026 energy update added a 15.62 percent reduction in greenhouse-gas emissions to 0.57 million tons, according to CNBC Indonesia.

What does 59 percent energy saving mean

The operational figure gives Antam a measurable cost and efficiency angle beyond commodity prices. The company also reclaimed 95.69 hectares in the first half of 2026 against an 85.30-hectare target, while its solar plant at Gag Nikel reduced generator operating time from 8,760 hours to 2,920 hours, as CNBC Indonesia reported. For the stock, the counterweight is Nomura's target cut, which reflected pressure on domestic gold trading margins and higher financial costs.

Next dated company event

Antam is scheduled to appear as title sponsor of a concert on October 30, 2026, according to Merdeka.com. The more material operating markers remain the first-half profit of IDR 6.40 trillion and the 59 percent energy reduction.