PT Merdeka Copper Gold Tbk is a holding company, which engages in the mining, exploration, and production of gold, silver, copper, and other related minerals. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 9,492 full-time employees. The company went IPO on 2015-06-19. The firm is engaged in various business activities, including the exploration, excavation and production of gold, silver, copper and nickel. The firm participates in industrial and wholesale trading of metal and metal ores and provides other minerals and mining construction services through its operating subsidiaries across three islands in the Republic of Indonesia. Its businesses include Pani Gold Project, Merdeka Battery Materials, Tujuh Bukit Copper Project, Tujuh Bukit Gold Mine and Wetar Copper Mine. The firm's segments include Tujuh Bukit Project, Wetar Project, Nickel Project, Acid Iron Metal Project and Others. The firm owns 100% interest in the Tujuh Bukit Copper Project. Its Acid Iron Metal project is designed to process waste ore from the Wetar Copper Mine into sulfuric acid, saturated steam, iron ore pellets, copper sponge, lead-zinc hydroxide, dore gold and silver.
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