Expansion Gears Up Capex from Mining Contractors

Mining contractors earmarked capex for acquiring new mining concessions.

I Putu Gede Rama Paramahamsa,Annisa Kurniasari Saumi
Selasa, 29 April 2025 | 17:30

Bisnis.com, JAKARTA — Mining contractors are accelerating business expansion by preparing large-scale capital expenditures as a strategy to boost performance this year. 

One such expansion move is being made by PT ABM Investama Tbk. (ABMM) which earmarked a capital expenditure (capex) worth US$160 million (approximately IDR2.69 trillion). ABM Investama’s president director Achmad Ananda Djajanegara explained that this year’s capex will be used to support the company’s expansion plans.

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