Cedrus Investments, a global boutique investment firm, has signed a collaboration agreement with PT ANTAM (Persero) Tbk, a vertically integrated, export-oriented, diversified mining and metals company with operations spread throughout the mineral-rich Indonesian archipelago and a component of the Jakarta Composite Index.
PT Antam processes a number of minerals as well as operating other businesses including trade, transportation and other services related to the mining sector. The company undertakes all activities from exploration, excavation, processing through to marketing of a wide range of minerals and holds vast licensed exploration areas along with well-known large holdings of high quality reserves and resources.
Based on the collaboration agreement between PT Antam and Cedrus, PT Antam will provide Cedrus with access to its minerals, including nickel ore, ferronickel, gold, silver, bauxite and coal, as well as services related to the logistics, operations, infrastructure, and equipment needed to successfully run a mining operation. Cedrus will utilize this relationship to pursue mining opportunities for its own direct proprietary investments and offer its corporate clients from the Greater China region and around the world access to PT Antam’s valuable assets and comprehensive services.
In addition, the agreement positions Cedrus to be very active in financing and developing some of PT Antam’s important strategic projects. As such, Cedrus will select those opportunities that produce true win-win results for Cedrus, its clients, PT Antam and the local people of the Republic of Indonesia alike.
Cedrus Investments’ chairman Rani Jarkas said: “I am delighted to collaborate with PT Antam on this exciting endeavour. Since we opened an office in Jakarta in 2012, our goal has been to be the trusted partner for both in-bound and out-bound investment activities between Indonesia and investors worldwide.
“Over the past several years, our clients, particularly those in China and the Middle East and North Africa region, have shown significant interest in exploring investment opportunities in Indonesia. Our collaboration with PT Antam is the latest example of how we offer our clients entree to unique business and investment opportunities.”