PT Ancora Indonesia Resources Tbk, together with its subsidiaries, operates in the explosives industry in Indonesia. The company trades in and manufactures ammonium nitrate and nitric acid as well as explosives related accessories. It also provides drilling and work-over of oil well services; quarrying, agriculture, forestry and fisheries, construction, and activity; Artificial Fertilizers, Artificial Resins, and Wholesale of Basic Chemical Materials and Goods; blasting services; trading and mining services; and shipping services. The company was formerly known as PT TD Resources, Tbk and changed its name to PT Ancora Indonesia Resources Tbk. in December 2008. The company was incorporated in 2003 and is headquartered in Jakarta, Indonesia. PT Ancora Indonesia Resources Tbk is a subsidiary of PT Multi Berkat Energi.
Rare earths may be a sliver of the global metals market, but they punch far above their weight. These obscure elements are the invisible wiring of modern life.
The market has climbed 1.3% in the last 7 days, lead by the Materials sector with a gain of 3.2%. As for the past 12 months, the market is up 15%. Earnings are forecast to grow by 7.1% annually. Market details ›