Nico Kanter

Nico Kanter is the CEO of PT Aneka Tambang Tbk (ANTAM), Indonesia's state-owned diversified mining and metals company. ANTAM is one of the world's largest producers of nickel ore and ferronickel, along with significant gold mining and bauxite operations. Indonesia holds the world's largest nickel reserves, and ANTAM is at the center of the country's ambitious strategy to move downstream from raw ore exports to processed nickel products used in electric vehicle batteries. Indonesia's 2020 ban on raw nickel ore exports — designed to force investment in domestic smelting and processing — has transformed the country's mining industry. ANTAM has invested in new smelting capacity and partnerships with Chinese and other international companies to produce nickel pig iron, ferronickel, and battery-grade nickel products. The company's gold mining operations provide additional revenue diversification. Kanter's key decisions involve nickel production and processing capacity expansion, partnership strategy with downstream investors, gold production optimization, managing environmental and community relations in Indonesia's mining regions, and navigating the volatile commodity price environment. ANTAM's stock is a direct proxy for nickel and gold prices and Indonesia's mineral processing ambitions.