This company also offers shares under the ticker code NICL, operating in two regions: Southeast Sulawesi and Central Sulawesi.
NICL, a nickel mining company, posted a net profit of IDR 58.05 billion during the first quarter of 2023.
10. PT Harum Energy Tbk
Another nickel company in Indonesia is PT Harum Energy Tbk, ticker code HRUM.
This company initially operated in coal mining, but in 2021, they began expanding into the nickel commodity business.
Thanks to this, the company managed to post a net profit of US$103.02 million, a 60.2 percent increase from the net profit realized in the first quarter of last year, which was only US$62.80 million.
Sheila Silvina