About Us

IFISHDECO in a Glance

PT IFISHDECO TBK, Ticker: IFSH.JK is an Indonesian Stock Exchange listed integrated nickel mining company. IFSH is headquartered in Sahid Sudirman Centre, 42nd Floor. In addition, the company has a branch office located in Kendari, Southeast Sulawesi Indonesia.

IFSH was establish on 9 June 1971 in the fisheries industry based on the Company Act No.41, incorporated by Abdul Latif, Notary in Jakarta.

In 1989, the company included agribusiness plantation to its business activities based on the Company Act No.34, incorporated by Mochtar Apan, S.H, Notary in Jakarta. Since then, the company tried to develop the agribusiness plantation by planting cashew trees to produce cashew nuts for processing, however the company achieved little success with inconsistent yields.

From 2005 to 2008, the company conducted topography and soil test surveys to increase the plantation area for cashew trees. From the results of the surveys conducted, IFSH discovered that the plantation land was rich with mineral content, such as Ni (Nickel) and Fe (Iron).

From the discovery of minerals, the company adjusted the business plan and submitted an application for Izin Usaha Pertambangan IUP Eksplorasi or Mining Business Permit for Exploration in 2008. In 2010, IFSH upgraded the license to IUP Operasi/Produksi or Mining Business Permit for Operation/Production, and the company started production of nickel ore and sales in 2011.

Currently, the company is an integrated nickel mining and smelting company that caters to both international and domestic clients. The company undertakes all activities from mining exploration, development, production, transportation, trading and sales of nickel ore. Furthermore, the company’s subsidiary PT Bintang Smelter Indonesia (BSI) undertakes the processing, transportation, trading and sales of Nickel Pig Iron (NPI) and Ferronickel Alloy (FeNi).

PT IFISHDECO TBK, Ticker: (IFSH.JK) is an IDX listed vertically integrated nickel mining company on the Indonesia Stock Exchange. IFSH is headquartered in Wisma Nugra Santana, Jalan Jend Sudirman, Kav 7-8, Jakarta, Indonesia and has a branch office located in Kendari, Southeast Sulawesi, Indonesia.

IFSH was establish on 9 June 1971 in the fisheries industry, based on the Company Act No.41, incorporated by Abdul Latif, Notary in Jakarta. In 1989, IFSH included agribusiness plantation to its business activities, based on the Company Act No.34, incorporated by Mochtar Apan, S.H, Notary in Jakarta. Since then, IFSH develop the agribusiness by planting cashew trees to produce cashew nuts for processing, however IFSH achieved little success with inconsistent yields. Between 2005 to 2008, IFSH conducted topography and soil test surveys to increase the plantation area for cashews trees. From the results of the surveys conducted, IFSH discovered that the plantation land was rich in mineral content for Nickel (Ni) and Iron (Fe). From this discovery,

IFSH adjusted the company’s business plan and submitted an application for Izin Usaha Pertambangan IUP Eksplorasi or Mining Business Permit for Exploration in 2008. In 2010, IFSH upgraded the license to IUP Operasi/Produksi or Mining Business Permit for Operation and Production, and the company started production and sales in 2011.

IFSH is a vertically integrated nickel mining and smelting company that caters to both international and domestic clients. IFSH undertakes all activities from mining exploration, development, production, transportation, trading and sales of nickel ore. Furthermore, IFSH’s subsidiary company PT Bintang Smelter Indonesia (BSI) undertakes the processing, transportation, trading and sales of Nickel Pig Iron (NPI) and Ferronickel Alloy (FeNi)

Concession Land

IFSH concession land is located in Tinanggea, South Konawe Regency, Southeast Sulawesi. The total land area owned by IFSH is 2,580 Hectares and IUP Operasi/Produksi or Mining Business Permit for Operation and Production is for 800 Hectares.

In addition, BSI has a land area of 70 hectares in the 2,580 Hectares owned by IFSH with the necessary permits for the Operation and Production of Nickel Processing Smelter.