Ceria Nugraha Indotama

Name

Ceria Nugraha Indotama

Legal name

PT Ceria Nugraha Indotama

Website

https://cerindocorp.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

501–1,000 employees

Short description

PT Ceria Nugraha Indotama is an Indonesian-owned nickel mining and processing company operating a vertically integrated value chain from laterite ore extraction to ferronickel (RKEF) and Mixed Hydroxide Precipitate (HPAL) for stainless steel and EV battery supply chains.

Ownership category

akta.pro rank

Product category

Nickel Mining and Processing

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Nonferrous Metal (except Aluminum) Smelting and Refining (33141), Primary Metal Manufacturing (331)

SIC

Metal Mining (1000), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Nickel Mining & Concentrates (IMAKAFAB)

akta.pro secondary industries

Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)

Keywords

• Nickel ore mining
• Ferronickel smelting
• RKEF smelter technology
• Mixed hydroxide precipitate
• EV battery materials

Headquarters

HQ city

Cilandak

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Nickel Ore Mining and Sales: Upstream nickel laterite ore extraction from 6,785 ha mining tenement in Kolaka, Southeast Sulawesi. Production achieved 100% of export quota (2.1 million tonnes of nickel ore) in 2019 with zero accidents.
2. Ferronickel (FeNi) Sales: RKEF Line I production of ~252,000 tonnes/year of ferronickel with 22% nickel content (~55,600 tonnes contained nickel). FeNi is sold for stainless steel production and further refined into nickel matte and nickel sulfate for battery applications.
3. Mixed Hydroxide Precipitate (MHP) and Battery-Grade Nickel Products: HPAL plant production of MHP (~308,000 tonnes containing 120,000t Ni + 12,500t Co) to be further processed into nickel sulfate, precursors, and pCAM for the EV battery ecosystem.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels7 records

Core offering

PT Ceria Nugraha Indotama is an Indonesian mining and processing company that supplies environmentally friendly nickel products spanning the full value chain. It operates upstream nickel laterite ore mining from a 6,785 ha tenement in Kolaka, Southeast Sulawesi, midstream RKEF smelting producing ferronickel (FeNi) with 22% nickel content at ~252,000 tonnes/year capacity, and downstream HPAL processing producing Mixed Hydroxide Precipitate (MHP) at ~308,000 tonnes/year for the EV battery ecosystem. Its products serve global stainless steel manufacturers and EV battery producers with renewable-powered, low-carbon nickel supply.

Product overview

PT Ceria Nugraha Indotama is a 100% Indonesian domestic investment (PMDN) nickel mining and processing company operating from upstream (nickel ore mining) to downstream (nickel cobalt refining and EV battery ecosystem). The company manages extensive mining tenements of 6,785 hectares in Kolaka, Southeast Sulawesi, and operates processing facilities including the 'Merah Putih' RKEF Smelter (4x72MVA lines) and HPAL plant (2 phases, 6 autoclaves). Key products include Ferronickel (FeNi, 22% nickel, ~252,000 tons/year capacity) and Mixed Hydroxide Precipitate (MHP, ~120,000 tons nickel equivalent/year). The company is positioned within the EV battery supply chain, with planned development of Nickel Matte, Nickel Sulfate, and precursor cathode active material (pCAM) production.

Differentiator

Problem solved

Functional benefit

Products and services

• Nickel Ore Mining Upstream mining of nickel laterite ore (saprolite and limonite) from a 6,785 ha mining tenement in Wolo District, Kolaka Regency, Southeast Sulawesi. Operated under Good Mining Practices with HSE compliance and ESG standards; achieved 100% of export quota (2.1 million tonnes) in 2019 with zero accidents.
• Ferronickel (FeNi) Ferronickel with 22% nickel content produced via Rectangular Rotary Kiln Electric Furnace (RKEF) technology using 4 production lines at 72MVA capacity each. Total production capacity of approximately 252,000 tonnes FeNi annually (~55,600 tonnes of contained nickel), sold to global stainless steel manufacturers.
• Mixed Hydroxide Precipitate (MHP) Intermediate product from HPAL (High Pressure Acid Leaching) processing of lower-grade Nickel Limonite ore via 2 phases with 6 autoclaves. Capacity of approximately 308,000 tonnes/year MHP containing 120,000 tonnes of nickel and over 12,500 tonnes of cobalt. Used as feedstock for nickel sulfate, precursors, and pCAM production for EV battery cathodes.
• EV Battery Ecosystem Products Nickel products serving as key components for EV batteries, supporting environmentally friendly transportation technology. Includes planned downstream production of nickel sulfate, precursors (precursor cathode active material precursors), and pCAM (precursor Cathode Active Material) for lithium-ion battery cathode applications.

Quantifiable outcome

• 2.1 million tonnes nickel ore exported at 100% quota with zero LTIF (Lost Time Injury Frequency) accidents in 2019
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

14 partnerships are on record, tiered minor and core.

• PetromindominorStrategic or Co-development Partner · 30 August 2023Co-organized The 2nd Nickel Producers, Processors & Buyers Conference in Jakarta, August 30-31, 2023, bringing together nickel industry stakeholders to discuss ecosystem development and sustainable battery supply chains.
• National Battery Research Institute (NBRI)coreStrategic or Co-development Partner · 1 August 2023Co-organized the International Battery Summit 2023 in Jakarta, August 1-2, 2023, together with NBRI and related stakeholders. The summit focused on battery technology as core to accelerating clean energy transition and marked the first time such a summit was held in Indonesia.
• UPTD BLKK KolakaminorStrategic or Co-development Partner · 28 March 2022Balai Latihan dan Ketrampilan Kerja (vocational training center) in Kolaka that received two heavy equipment simulators (excavator and backhoe) donated by Ceria in July 2022. Ceria also conducts heavy equipment operator and dump truck driver training programs in collaboration with BLKK.
• Politeknik Negeri Ujung Panjang (PNUP)minorStrategic or Co-development Partner · 6 December 2021Cooperation agreement signed at the Gebyar Pendidikan Vokasi 2021 event in Kolaka. Ceria participates as industry representative (DUDI) supporting vocational education development through the pentahelix cooperation model involving government, academia, vocational schools, industry, and media.
• Universitas Sembilanbelas November (USN) KolakaminorStrategic or Co-development Partner · 1 March 2021MoU signed for academic cooperation, enabling collaboration on education, research, and development of local human resources in the Kolaka region where Ceria operates.
• BNN Kolaka (Badan Narkotika Nasional)minorStrategic or Co-development Partner · 1 June 2020Ceria cooperates with BNN Kolaka on anti-narcotics screening and workplace drug testing programs. BNN Kolaka Head recognized Ceria's active role in creating a drug-free work environment as a model for other companies.
• PT PLN PerserocoreTechnology or IntegrationPower supply provider for the RKEF smelter. SPJBTL (Power Purchase Agreement) for 350MW of electricity — sufficient to power all 4 RKEF production lines. Ceria has paid advance payments and commenced installment payments, demonstrating long-term commitment to securing energy supply.
• PT PP (Persero) TbkcoreTechnology or IntegrationEPC (Engineering, Procurement, and Construction) contractor for the RKEF and HPAL processing facilities. PT PP is responsible for the physical construction of the smelter complex.
• China Nonferrous Metal Industry's Engineering Corporation (ENFI)coreTechnology or IntegrationTechnology provider and engineering partner for the RKEF and HPAL processing facilities. ENFI provides the metallurgical technology and process design for the smelter.
• PT Wijaya Karya (WIKA)coreTechnology or IntegrationState-owned construction company engaged alongside PT PP for infrastructure construction support of the smelter project. WIKA's involvement was part of the government's support for National Strategic Projects.
• Kementerian PPN/BappenascoreStrategic or Co-development PartnerBappenas included Ceria's RKEF and HPAL project in the Private Investment Priority Projects List (DPPIS) and Government Work Plan (RKP) 2023, conducting site visits to verify project progress and provide government support for the National Strategic Project.
• Karang Taruna Kecamatan WolominorStrategic or Co-development PartnerYouth organization in Wolo District partnering with Ceria and the government for the heavy equipment operator and dump truck driver training program (September 2022), supporting local youth employment.
• KODAM XIV HasanuddinminorStrategic or Co-development PartnerMilitary regional command providing security cooperation for Ceria's National Vital Object (Obvitnas) area. PAMOBVIT (Objek Vital Nasional Security) personnel from KODAM XIV conduct security patrols and boundary monitoring of Ceria's IUP area.
• Polda Sulawesi Tenggara (Sulawesi Tenggara Police)minorStrategic or Co-development PartnerCooperation agreement for the provision of security personnel (PAMOBVIT) to secure Ceria's National Vital Object mining area in Wolo District. Renewed in June 2023 between Deputy President Director Djen Rizal and Police Director Alan Gerrit Abast.

Scale indicators9 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• BHP Group (Nickel West): Global mining major operating Nickel West in Western Australia, producing nickel concentrate and battery-grade nickel sulfate for the EV supply chain. Comparable in its vertical integration into battery materials and ESG-focused marketing.
• Tsingshan Holding Group: World's largest stainless steel producer with major Indonesian nickel operations through IMIP and IWIP industrial parks in Sulawesi and Halmahera. Operates NPI/RKEF and HPAL facilities at scale; comparable in technology stack but far larger and Chinese-backed.
• Anglo American (Nickel business): Global diversified miner with nickel operations in Brazil (Codemin) and previously targeting battery-grade nickel sulfate for EV supply chains. Comparable as a major-mining peer pursuing downstream nickel for the EV market.
• Glencore: Global mining and trading major with nickel operations in Canada, Australia, and New Caledonia, plus large-scale nickel trading on the LME. Sets the global benchmark for LME-linked nickel pricing that Ceria's products are tied to.
• Huayou Cobalt: Chinese leader in cobalt and nickel processing for the EV battery supply chain, with major Indonesian HPAL operations through QMB Energi in Halmahera. Closest peer in terms of MHP-to-battery materials integration strategy.
• Sumitomo Metal Mining: Japanese major in non-ferrous metal smelting and refining with significant nickel sulfate and battery cathode materials production. Comparable downstream battery-materials peer; also a historical offtaker of Indonesian and Philippine nickel ore.
• POSCO Holdings / POSCO Future M: South Korean steelmaker that has expanded into battery materials (POSCO Future M), producing nickel sulfate, precursors, and cathodes. Comparable downstream consumer of MHP/nickel intermediates that Ceria's HPAL output would feed.

Direct peers

• Nickel Asia Corporation: Philippines' largest nickel producer operating laterite mines and export ore to Japan, China, and Australia. Highly comparable as a publicly-listed pure-play laterite nickel miner with multiple operating sites and exposure to LME nickel pricing.
• PT Vale Indonesia: Indonesia's largest pure-play nickel laterite miner (IDX: INCO), operating integrated mining and processing in Sulawesi. Closest direct peer to Ceria in terms of ore body type (laterite), geography (Sulawesi), and end markets (stainless steel and battery materials). Comparable production scale and downstream ambitions.
• Eramet (Weda Bay Nickel): French mining major with a major laterite nickel operation (Weda Bay) on Halmahera Island, Indonesia, producing both ferronickel (via Tsingshan partnership) and HPAL-derived MHP. Closest international peer operating an integrated RKEF + HPAL value chain in Indonesia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key highlights6 records

Customer concentration

• Xx.com/cerindocorp
• Facebookfacebook.com/Ceria-Nugraha-Indotama-100090977529213
• LinkedInlinkedin.com/company/ceria-nugraha-indotama

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ceria Nugraha Indotama