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Annual Report 2022

Annual Report 2022

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Annual Report 2022

Creating Opportunities for Sustainable Integrated Nickel Industries


In line with the Government’s downstream policy, PT Trimegah Bangun Persada Tbk (“the Company”) has a long-term scenario to integrate business activities from upstream to downstream sectors. The integrated initiative is the Company’s support to the Government policy in downstreaming the nickel industry.

The Company is downstreaming by building a number of nickel ore processing production facilities. Among others, the construction of ferronickel smelter as raw materials for stainless steel making and raw material for electric vehicles batteries namely Mixed Hydroxide Precipitate (MHP) and Nickel Sulfate.

Sustainable Mining

Sustainable mining for the Company is meant to be an ideal approach in conducting essential resource extraction while improving social, economic, and environmental outcomes. It refers to sustainable mining practices where businesses act as responsible stewards of the natural environment, and are able to satisfy society’s current and future resource requirements. In the Company, sustainable mining is an area where the Company can create jobs, develop infrastructures, and at the same time safeguard the environment, especially by managing and monitoring the impact of its waste and its impact on water. 

Beyond that, the Company implements sustainable mining by respecting human rights and the aspirations of affected communities; providing safe, healthy, and respectful workplaces; minimizing harm to the environment; embracing best practices whilst upholding the rule of law, and leaving a positive legacy for the society. 

The Company promotes the following basic principles of sustainable mining:

Furthermore, the Company is taking significant steps towards creating a sustainable organization by defining a sustainability framework and carving out a roadmap for sustainability. The detailed sustainability framework is designed to support various United Nations Sustainable Development Goals (SDGs), and it spans across three major domains: governance, climate change, and human rights.

Financial Highlight

Consolidated Statements of Financial Positions

Consolidated Statements of Profit or Loss and Other Comprehensive Income

Cash Flows

Financial Ratios

Performance Highlight