Author: communication@sumbawatimurmining.co.id

Jakarta, December 14, 2024— PT Sumbawa Timur Mining (STM) successfully won two communication award categories at the International Association of Business Communicators (IABC) Indonesia Awards 2024. The two awards include the Top 10 and Awards of Excellence in the Impactful Communications Awards (ICOMMA) category, subcategory Best Diversity, Equity, and Inclusion (DEI), as well as the Awards of Merit in the Impactful Public Relations Awards (IMPRA) category, subcategory Best Digital Public Relations.

IABC Indonesia is part of the IABC, headquartered in Chicago, USA. IABC has been around for over 50 years and has representatives in more than 80 countries with around 5,000 members who are professionals in business communication, public relations, and corporate communication across sectors. The IABC Award strengthens the credibility of organizations and practitioners in these sectors and reinforces global recognition.

The ICOMMA DEI subcategory award evaluates communication activities that highlight messages of diversity, equity, and inclusion. STM won this award thanks to its communication campaign titled “STM Inclusive Women Program: Fostering Gender Diversity and Equality in Copper Gold Exploration Project.” This campaign is based on STM’s aspiration to create a work environment that provides equal opportunities without gender discrimination.

STM’s equality message was conveyed through digital communication channels, print media, and direct activities involving employees. This comprehensive communication strategy resulted in STM achieving a 90 percent positive response rate on its social media channels. This strategy also contributed to the employment of women at STM, which now stands at 25 percent—higher than the global mining industry average of 8-17 percent (McKinsey, 2021).

Meanwhile, the IMPRA category award for Best Digital Public Relations focuses on communication activities involving digital channels. STM’s communication campaign titled “Digital PR: Copper and Gold Exploration Project” was selected as the winner of this category due to the effectiveness of its messaging. STM was recognized for successfully utilizing digital communication channels to deliver relevant, humanistic, engaging, and transparent messages about its exploration activities.

Principal Communications STM, Cindy Elza, stated that these awards reinforce STM’s commitment to inclusivity within its work environment and its adaptability to technological advancements in information management. This recognition also motivates STM to continue striving for better, sustainable achievements.

“Diversity, equity, and inclusion are integral elements in STM’s activities. We strive to raise awareness among our internal and external audiences about this commitment while continuously strengthening its implementation. We also view the development of digital technology as an opportunity to deliver our messages accurately and positively,” said Cindy.

***

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 Base Metals, 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, December 6, 2024 — M. Darmansyah Putra, a recipient of the PT Sumbawa Timur Mining (STM) merit scholarship, has successfully won the Student Research Poster Contest (SRPC) 2024. The competition was hosted by the Indonesian Society of Economic Geologists (MGEI) as part of the MGEI Annual Convention 2024, held in Padang, West Sumatra, from December 2–4, 2024. The objective of the event was to provide students with an opportunity to present their research findings through the medium of scientific posters.

The research topics featured in the SRPC focused on economic geology, including mineral exploration, mining, and geological resources. This year’s SRPC was attended by 15 participants representing various universities across Indonesia. One of the participants was Darmansyah, a student of Geological Engineering at the University of AKPRIND Indonesia. Darmansyah presented his research, entitled “Characteristic and Paragenesis of Porphyry Copper Deposits in Sidomulyo, Trenggalek, East Java: Multiple Intrusions, Hydrothermal Alteration, and Vein Association.”

The panel of judges, consisting of experts in economic geology, selected Darmansyah’s work as the best in the SRPC 2024. “I am extremely pleased to have won this competition. I was surprised to find myself outperforming students from well-known universities, particularly in the field of mineral exploration geology,” said Darmansyah, a young man from Daha Village, Hu’u District, Dompu Regency, West Nusa Tenggara Province.

This achievement marks a significant milestone for University of AKPRIND Indonesia, as Darmansyah has made history. He expressed his gratitude to all those who supported him throughout his academic journey. “I would like to extend my deepest gratitude to all those who have supported my education, especially PT Sumbawa Timur Mining, which has helped offset the cost of my studies in Geological Engineering at the Faculty of Engineering, University of AKPRIND Indonesia,” he stated.

Darmansyah shared his excitement about participating in MGEI activities, noting that the event was more than just a competition—it was also a valuable networking opportunity with experts in economic geology. “I hope that the achievements and valuable experiences, especially in the field of economic mineral exploration, will help me build a successful career after graduation,” he said.

The alumnus of SMAN 01 Hu’u also shared a message with students from his hometown, encouraging them to stay motivated in pursuing their education. “Never stop learning and unlocking your potential. The future belongs to those who dare to dream, work hard, and learn from every challenge. Make the most of the opportunities around you. Believe in your abilities. No one succeeds without facing failures along the way,” he emphasized.

PT STM’s Community Relations Manager, Ulya Defretes, expressed pride and joy at Darmansyah’s success in this prestigious national competition. “We are part of the Dompu community and take great pride when young talents from here achieve remarkable things. We are committed to continuously supporting the best talents from Dompu to grow and thrive. May Darmansyah’s success inspire his peers to strive for excellence,” he concluded.

***

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 Base Metals, 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.

Jakarta, November 28, 2024 — PT Sumbawa Timur Mining (STM) has been honored with nine national awards at the 2024 Indonesian SDGs Awards (ISDA) and Indonesian CSR Awards (ICA), presented by the Corporate Forum for CSR Development (CFCD). These awards recognize exemplary social responsibility initiatives and programs that contribute to sustainable development goals.

At the ISDA event, STM received 4 awards: 2 gold for its family latrine program and Education Quality Improvement Program (EQUIP), and 2 silver for its clean water initiative and MSME programs. At the ICA, STM also received 4 awards: 1 gold for its merit-based scholarship program and 3 silver for its fisheries, organic agriculture, and cataract surgery programs. Additionally, STM was honored as “The Most Committed Corporate to Community Involvement and Development” by CFCD.

To attain these distinctions, STM underwent a comprehensive evaluation process, including on-site assessments. A CFCD team, led by Ir. Thendri Supriatno, conducted a site visit to STM’s operational area in Dompu Regency, West Nusa Tenggara Province, on September 19-20. The objective was to gain detailed insights into its community empowerment programs. STM’s Community Development team facilitated the visit, ensuring that all necessary information was provided to the evaluators.

During the visit, the CFCD team met with Deyan Sahira, a 2021 STM scholarship recipient from Daha Village, Hu’u Subdistrict. Deyan Sahira, a graduate of Mataram University, currently works in STM’s Community Relations Department as an administrative team member. The CFCD team observed firsthand how STM’s scholarship program facilitates the advancement of local talent, a key factor in the program’s gold award win at ICA 2024.

Ulya Defretes, Manager of STM’s Community Relations Department, which oversees the Community Development division, stated that STM’s community empowerment programs focus on five key areas: education, health, economy, environment, and socio-culture. The company is committed to implementing these programs in villages near its operational area in Hu’u Subdistrict, with continuous expansion to benefit more communities.

“Our programs have reached over 20,000 beneficiaries to date. We engage with stakeholders through formal and informal meetings to gather feedback, provide updates, and conduct evaluations. We are committed to fostering continued growth and harmony between STM and the surrounding communities,” Ulya stated.

He further stated that community empowerment has been a fundamental aspect of STM’s operations since its inception. “We recognize the vital role the community plays as a key stakeholder in our company’s sustainability. We are dedicated to cultivating robust relationships and generating sustained benefits through a range of engagement and empowerment initiatives,” he stated.

The ISDA and ICA awards, along with the special title received by STM this year, further reinforce the company’s reputation for excellence in community empowerment. In 2022, STM was also recognized by CFCD as “The Most Committed Company to Social SDGs for the Social Pillar” and received 3 gold awards for 2 literacy programs and 1 economic initiative, as well as a silver award for its agricultural program.

***

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 Base Metals, 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, November 25, 2024 — The Indonesian Journalists Association (PWI) of Dompu Regency, supported by PT Sumbawa Timur Mining (STM), organized a journalism training to enhance journalists’ professional skills. The workshop, attended by 17 participants from various print and electronic media outlets, introduced topics on mining exploration and tips for writing feature stories. The training was also supported by the National News Agency (LKBN) Antara as the facilitator.

The session on mining exploration was presented by M. Haris Miftahul Fajar, a lecturer in Geophysics Engineering at the Institut Teknologi Sepuluh November (ITS). Meanwhile, the feature-writing session was delivered by Masuki Astro, a feature editor at LKBN Antara. The training broadened participants’ understanding of mining topics and honed their ability to identify, process, and present inspiring and engaging stories related to these subjects.

STM Principal Communications Officer, Cindy Elza, expressed her support for the initiative. “We at STM are proud to support this activity, which aims to strengthen the capacity of journalists, particularly in Dompu. We believe that high-quality journalism is key to delivering accurate and meaningful information, which not only benefits the public but also contributes to regional development,” Cindy stated.

She also extended her appreciation to everyone involved in making the event a success and emphasized the importance of maintaining good collaboration. “Even though STM will transition to care and maintenance status next year, I want to reaffirm that our strong relationship and camaraderie will remain intact. God willing, STM will continue to support activities that benefit the Dompu community,” she added.

Nasrudin, Chairman of PWI West Nusa Tenggara (NTB), expressed his support for the training during his opening remarks. “We hope this event enhances the capacity and skills of journalists in Dompu so their work can benefit the community while upholding journalistic ethics,” he said.

***

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 Base Metals, 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.

Sumbawa, September 28, 2024: A total of 100 recipients of the D1 (Associate Degree) Heavy Equipment Engineering scholarship funded by PT Sumbawa Timur Mining (STM) at the Olat Maras Community Academy (AKOM), Sumbawa Regency, successfully graduated. All scholarship recipients are high school graduates from Dompu Regency. This scholarship program aims to support the development of education in Dompu Regency and prepare reliable and work-ready human resources.  

Before receiving this scholarship, the participants underwent a selection process with the West Nusa Tenggara Regional Research and Innovation Agency (BRIDA) and AKOM. Scholarship candidates are selected based on academic achievement, strong work ethic, and sincere interest in the field to be studied. The selected participants are then entitled to one year of free heavy equipment engineering education. 

During the scholarship program, participants receive 70% practical learning and 30% theory. This portion is expected to make the academy graduates more prepared for the world of work and skilled in their work. They also get insight development sessions outside the academy curriculum, such as public lectures delivered by STM. 

STM’s Community Relations Manager, Ulya Defretes, said that the company is committed to supporting community development, including in the field of education.  “Today, we have new young human resources who are ready to work. We hope they can participate in advancing the region, especially Dompu Regency, through their abilities,” she hoped for the graduates of STM’s scholarship program.

According to Ulya, scholarship programs with various schemes will continue to be run in collaboration with universities. “We do this to continue creating local human resources that are increasingly competitive. We hope that the knowledge gained by the participants can be a provision in achieving success. Let us all continue to work together to realize a better future,” he said.

Director of AKOM, Ahmad Jaya, S.Pd., MT. congratulated all graduates and graduates who successfully graduated and held the title of Heavy Equipment Engineering Primary Expert (A.P.Tab). According to him, the graduates have the potential to be absorbed by the world of work. They have undergone good education with certified instructors and supported by adequate learning facilities.

“Utilize the knowledge, skills, and life values that you have gained while studying at AKOM. Show your best quality that you are able to compete, both at the regional and national levels. Perform with good moral values, so that you become the pride of your family, region, and nation,” Ahmad said. 

Ahmad also appreciated the support from various parties in realizing smart, skilled, creative, and competitive human resources. Since its establishment in 2016 until now, AKOM has graduated 1,200 students. In 2024, AKOM graduated 427 students and 100 of them came from Dompu Regency who received full scholarships from STM.  

One of the scholarship recipients, M. Khusnul Arasy, expressed his gratitude for having the opportunity to study heavy equipment engineering with the full support of STM. During the learning period, he explored basic operating techniques, loading, excavation, and other matters related to the operation of heavy equipment. He is optimistic that he will be able to put his knowledge into practice in the future. 

Meanwhile, a scholarship recipient’s guardian, Ridwan, highly appreciates STM for giving his son the opportunity to study D1 Heavy Equipment Engineering. He hopes this program can help his son to be better prepared for the world of work. “The distance from Dompu to Sumbawa is nothing compared to our happiness to be able to attend this graduation ceremony,” he said.

In addition to the heavy equipment scholarship, STM also runs an achievement scholarship program. This program is given to outstanding students with high GPA scores from Dompu Regency and prioritizes those from underprivileged families. The recipients of this scholarship are studying in public and private universities and are prioritized for those majoring in mining and its support.

In recognition of its education-focused programs, the Corporate Forum for CSR Development (CFCD) and the National Development Planning Agency (Bappenas) presented two awards to STM in the 2022 Sustainable Development Goals Award (ISDA). The two awards are Gold Award for Illiteracy Eradication Program and Gold Award for Education Quality Improvement Program.

 

* * *

 

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, September 23, 2024: PT Sumbawa Timur Mining (STM), a copper exploration project operating under the 7th Generation Contract of Work (CoW) in Hu’u Sub-district, Dompu Regency, West Nusa Tenggara (NTB) Province, is once again holding an achievement scholarship program for Dompu Regency students. This year, STM opens the opportunity for 27 students to join 23 other students who have previously participated in the STM achievement scholarship program. The registration process will open on October 2-11, 2024.

The STM merit scholarship program is intended for students who have academic achievements and prioritizes those who come from underprivileged families. This program aims to ease the cost of tuition fees and increase student motivation to learn in order to create increasingly qualified human resources in Dompu Regency. In last year’s program, STM achievement scholarship recipients came from 18 public and private universities, both located in NTB Province and other regions. 

Some of the requirements to receive STM achievement scholarships include being registered as a resident of Dompu Regency; not currently receiving or about to receive scholarships from other institutions; registered as a student at a university recognized by the Ministry of Education and Culture; and preferably for students who come from underprivileged families as evidenced by a certificate from the village government. Prospective achievement scholarship recipients are also required to follow other provisions set by the organizers.

There are several selection stages in this achievement scholarship program which include administrative selection, basic competency test, case study test, and interview. The selected participants will receive tuition assistance, living expenses, and one-time research assistance. In addition, selected students will also receive other benefits in the form of workforce recognition training, English language training, and the development of a network of scholarship recipients and alumni.

STM’s Community Relations Manager, Ulya Defretes, said that the achievement scholarship program is a form of STM’s commitment to supporting the development of human resources in Dompu Regency. “We support Dompu students in various universities so that they are successful in their studies. We hope they can contribute to the development of Dompu Regency in the future with their various skills,” he said. 

One of the 2022 STM merit scholarship recipients, Desi Ariyanti, greatly appreciates this community development program in education. “Not only does this program provide important financial support, but it also gives me an amazing opportunity to develop myself academically. Through this scholarship, I can participate in activities that broaden my horizons and skills,” said the student from Rasabou Village, Hu’u Sub-district, who is studying at the University of Mataram. 

STM will conduct an online socialization to provide a clearer picture of the achievement scholarship program, which will take place on Tuesday (1/10/2024) at 09.00 WITA. Registration for the socialization and other information can be accessed through the link s.id/beasiswaprestasiPTSTM2024. Students who are interested in participating in this achievement scholarship program can also ask further questions through the company’s communication channels at WhatsApp number: (+62) 813-3908-2360, and e-mail: ptstm_comdev@vale.com. 

 

* * *

 

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.

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,”

 

* * *

 

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.

 

* * *

 

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.