Ifishdeco

PT IFISHDECO Tbk (Ticker: IFSH.JK) is a key player in the critical minerals sector, listed on the Indonesia Stock Exchange. The company is involved in nickel mining and processing, and also has interests in silica. It was established in 1971 under the name PT IFISHDECO with core business in agriculture, fisheries, and cold storage, later transitioning to mining.

PT IFISHDECO was established in 1971 under the name PT IFISHDECO with core business as agriculture, fisheries, and cold storage. In 1992, the company acquired land in the Tinanggea District of South Konawe Regency and engaged in cashew plantation business, which ceased in 1999. The plantation business resumed in 2004-2005, but growth was sub optimal due to high soil acidity. In 2008, information revealed that the land contained mineral deposits. An application for mining business permit was initiated through Mining Exploration Authorization No. 2249 in 2008, upgraded to Mining Business License for Production Operation (IUP OP) No. 1321 in 2010. Production activities commenced at the end of 2010, with first sales at the end of 2011 totaling approximately 550,000 metric tons. In 2013-2014, the company acquired an export quota of approximately 3.6 million metric tons and initiated construction of a smelter through subsidiary PT Bintang Smelter Indonesia (BSI), with production capacity of 80,000 tons of Nickel Pig Iron.

1. 1Home - ifishdeco.comifishdeco.com
2. 2Company History - ifishdeco.comifishdeco.com
3. 3Corporate Secretary - ifishdeco.comifishdeco.com
4. 4Ifishdecowikidata.org