Month: June 2024

Jakarta, Juni 2024: PT Sumbawa Timur Mining (“STM”) again urges the public to remain vigilant against parties claiming affiliation or having a working relationship (whether directly or indirectly) with STM and its shareholders (in this case, Vale and Antam) regarding copper mining exploration activities currently conducted by STM in Dompu Regency, West Nusa Tenggara Province (hereinafter referred to as the “Hu’u Project”).

STM management also emphasizes that STM is the sole legitimate concession holder based

on the Contract of Work related to the development of the Hu’u Project. The implementation of these activities is supervised by the Indonesian Government and is ensured to comply with applicable laws and regulations.

Cindy Elza, STM’s Principal Communication explained that recently they have frequently received complaints and requests for confirmation from the public regarding the project. “Complaints are received through the company’s official email and WhatsApp channels about offers for goods/services procurement, conditioned on providing a commitment fee ranging from hundreds of millions to billions of rupiah. These offers come from parties claiming involvement in the Hu’u Project development and using identities similar to (or resembling) STM and Vale”.

STM reiterates that PT Abdi Karya Usaha Raya (AKUR), PT STM Vale Hu’u – Vale Global Group (PT STM VH VGG), PT Main Cone Vale Global, PT Vale Global Group (PT Vale GG), and PT SVH – VGG are not affiliated with STM and Vale, and are not involved in managing the Hu’u Project (whether directly or indirectly).

“STM and its shareholders in managing the Hu’u Project uphold the principles of anti-corruption and integrity. Therefore, we never request or stipulate a commitment fee requirement in the goods/services procurement process for any reason. This also applies to the manpower recruitment process,” Cindy emphasized.

Cindy also inform that STM has provided a hotline for the public who wish to verify or report suspicious information or suspected fraud in the name of STM, Vale, and the Hu’u Project through the email address infoSTM1@vale.com or WhatsApp at 0811.1911.0638.

In recent years, STM has also actively and routinely disseminated this information to prevent public losses. In conclusion, Cindy added, “To protect STM’s legal interests, the Company will not hesitate to use all available legal means against anyone engaging in such fraudulent activities,”

 

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About PT Sumbawa Timur Mining

 

PT Sumbawa Timur Mining (STM) is a joint venture between Eastern Star Resources Pty Ltd (80%), a wholly-owned subsidiary of Vale, and PT Aneka Tambang Tbk (20%). STM owns the Hu’u Project, a copper exploration project operating under the 7th Generation Mineral Contract of Work (CoW) in Hu’u District, Dompu Regency, West Nusa Tenggara Province, Indonesia. The CoW also holds geothermal resources. To explore this potential, the company has completed the Preliminary Survey and Geothermal Exploration Assignment. The CoW area spans 19,260 hectares across Dompu and Bima Regency. STM is continuing its journey to achieve its vision of becoming a world-class copper mining operation supported by renewable energy.

For further information, please contact STM Communications Team.

Dompu, 5 June 2024 – In celebration of the World Environment Day, PT Sumbawa Timur Mining (STM), holder of the Hu’u Project Work Contract (copper mineral exploration project) in Dompu Regency, West Nusa Tenggara is holding a series of environmental activities in the company’s work area, starting with the ‘Sustain Go to School’ program at SMP Negeri (National Middle Schoo) 1 Hu’u, Dompu Regency and the installation of biopore holes in the Hu’u Project exploration area.

 

“The ‘Sustain Goes to School’ program aims to educate students about the importance of protecting the environment for future sustainability. In this activity, STM representatives together with the school, including students, will plant dozens of tree seedlings around the school area,” says Razky Akbar, Sustainability & External Affairs Manager of STM, in Dompu, Wednesday (5/6).

 

World Environment Day is celebrated every June 5. Led by the United Nations Environment Program (UNEP), the 2024 commemoration has the theme “Accelerating Land Restoration, Addressing Desertification, and Increasing Resilience to Drought.” This theme highlights the importance of immediately restoring degraded land, fighting desertification, and increasing drought resilience. By promoting sustainable land management practices, the initiative aims to revitalize ecosystems, ensure food security, and support the livelihoods of communities that depend on these lands, ultimately contributing to a healthier and more resilient planet. STM also adopts the theme.

 

This year’s World Environment Day is commemorated by STM on Saturday, 8 June 2024, at the Hu’u Project site in Nangadoro. A number of STM employees and contractors’ representatives made dozens of biopore holes installations. According to Razky, the biopore installations also function as water absorption holes which help to fertilize the soil, prevent flooding, and balance water levels in the soil. This step is in line with the theme of World Environment Day 2024.

 

“Vertical holes with a diameter of around 10 – 25 cm can be used to deposit organic waste and stimulate soil biota to create cavities in the soil, thereby facilitating water infiltration into the soil. This is one of the approaches taken by STM to maintain its commitment to the environment. The company continues to rehabilitate land that has been used for exploration activities,” he explains.

 

Razky says further that STM is committed to continuing to do its best for the sustainability of the environment and ecosystem. This is in line with one of the company’s visions, which is to create a sustainable future.

 

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About PT Sumbawa Timur Mining

 

PT Sumbawa Timur Mining (STM) is a joint venture between Eastern Star Resources Pty Ltd (80%), a wholly-owned subsidiary of Vale, and PT Aneka Tambang Tbk (20%). STM owns the Hu’u Project, a copper exploration project operating under the 7th Generation Mineral Contract of Work (CoW) in Hu’u District, Dompu Regency, West Nusa Tenggara Province, Indonesia. The CoW also holds geothermal resources. To explore this potential, the company has completed the Preliminary Survey and Geothermal Exploration Assignment. The CoW area spans 19,260 hectares across Dompu and Bima Regency. STM is continuing its journey to achieve its vision of becoming a world-class copper mining operation supported by renewable energy.

 

For further information, please contact STM Communications Team.