Investor Presentaiton

PERTAMBANGAN NIKEL GLOBAL (Proses Produksi Nikel) 40% share of world* Sulfide ore Pyrometallurgy Carbon processing, Leaching, HPAL Matte MSP/MHP 60% share of world* Lateritic ore Pyrometallurgy Limonite Saprolite Pyrometallurgy Pyrometallurgy Hydro- metallurgy Class 1 refined Nickel Nickel nickel (99%): sulfate oxide cathode, powder NPI (2-17%) Ferro- briquette (22%) (75%) nickel (15-45%) Batteries Alloys & others Stainless steel Source: ISSF, DBS Bank 2018 19

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