PT Merdeka Copper Gold Tbk

Ticker

IDX:MDKA

Price (Q3 2025)

2,500

Market Cap

Rp 100T

Headquarters

Jakarta, Indonesia

Key East Indonesian Operations

Sulawesi & Maluku

Industry/Sector

Minerals & Mining

Company Profile

PT Merdeka Copper Gold Tbk is a diversified Indonesian mining company engaged in gold, copper, and base metal production. Founded in 2012, MDKA has established itself as a key player in Indonesia’s resource sector, with operations spread across several provinces, including significant projects in Eastern Indonesia.

The company operates the Tujuh Bukit Gold Mine in East Java, one of the most technologically advanced heap leach gold mines in Southeast Asia. Beyond gold, MDKA is actively developing copper and other mineral assets that are critical to Indonesia’s industrialization and electrification strategies. Its expansion into base metals complements its sister company, MBMA, in the nickel and EV battery value chain.

Sustainability and Governance

• Strong emphasis on environmental management, including water use efficiency and land rehabilitation.

• Actively supports Indonesia’s downstreaming policies to increase domestic value-added processing.

• Transparent corporate governance practices as a publicly listed company, with international investor backing.

• Commitment to community development programs in health, education, and skills training.

Operations and Impacts in East Indonesia

• Exploration and development projects in Sulawesi and Maluku contribute to diversifying Eastern Indonesia’s mineral economy.

• Provides employment and training for local communities in mining regions.

• Contributes to regional infrastructure, such as road construction and power facilities.

• Strengthens Indonesia’s position in the global supply of copper and other strategic minerals.

News and Updates