PT Sumbawa Timur Mining

PT Sumbawa Timur Mining (STM) is a significant entity in Indonesia's Metals & Mining sector, primarily focused on the Hu’u Project. This project encompasses a 7th generation Contract of Work (CoW) and a Geothermal Preliminary & Exploration Survey Assignment located in the Hu’u District of Dompu Regency, West Nusa Tenggara Province. The company operates as a joint venture, with Eastern Star Resources Pty Ltd holding an 80% stake, which is a wholly-owned subsidiary of Vale SA. PT Antam Tbk holds the remaining 20% interest, underscoring a strategic partnership in resource development.

Financially, PT Sumbawa Timur Mining reported revenue of $12.4M. The company's operational scale is further indicated by its workforce, which ranges between 500 - 1,000 employees. Despite its substantial operational footprint, the provided data indicates a location count of 0, suggesting a centralized operational model or data reporting specificities. The company's industry classification spans Metals & Mining General and Metals & Mining, reflecting its core business activities.

As a B2B-focused entity, PT Sumbawa Timur Mining is engaged in substantial resource extraction and exploration activities. The company's strategic positioning within Indonesia, coupled with its robust ownership structure involving global mining giants, highlights its importance in the regional and national mining landscape. For insights into the personnel driving these operations, one can Meet PT Sumbawa Timur Mining's team. The company's ticker symbol and founding year were not provided in the available data.