Aneka Tambang (ANTM) recorded sales revenue of Rp9.11 trillion (unaudited) last year, down 13.6% from 2015 despite higher production volume of nickel ores, ferronickel, bauxite, and alumina. Going forward, other than impacts of recent government policies allowing export of low-grade nickel and bauxite, dynamics in the alumina, coal, gold-silver would define ANTM’s short-term outlook.To subscribe please click here