Shares of state miner Aneka Tambang (ANTM) or Antam ended at Rp1,900 last Friday to make a market capitalization of Rp45.7 trillion, more than twice its equity (Rp21.5 trillion by June 30). Like peers in the mining sector, shares of ANTM have dropped 40% from peak as nickel and other metals softened in international market on anticipated weaker global economy.

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