PP Presis Gets New Contract for Nickel Mining Services in Morowali


At the end of the first quarter of 2021, PT PP Presisi Tbk (PPRE) succeeded in adding new contracts from nickel mining services located in Morowali, Central Sulawesi.

President Director of PPRE Rully Noviandar said, from the project in Moriwali, PP Presisi could get a minimum income of Rp445 billion for three years.

"This is our first nickel mining service contract. Previously, we also obtained a nickel mining infrastructure development contract in the form of a hauling road project at one of the largest nickel mines in Indonesia, located in Halmahera, Maluku with a contract value of more than Rp 125 billion, "he said in his statement in Jakarta, Wednesday (31/3).

The company hopes that the company will get more trust with similar mining service contracts, both for nickel and coal.

"This increases PPRE's optimism to achieve the mining service business line contribution target of 10% to 20% of the Company's target in 2021," said Rully.

Furthermore, as part of the company's long-term plan, PP Presisi will continue to focus on nickel mining services in the next three years.

"In addition to capturing great opportunities in the current growth of the nickel industry, this strategy is taken to optimize the occupancy of heavy equipment for construction work and opportunities to get better margins from nickel mining services, so that the overall mining services business line can be achieved. encourage the achievement of a better corporate financial structure, "said Rully.



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