PT Gemilang Tambang Raya
PT Gemilang Tambang Raya operates a Mining Business License (IUP) area with substantial silica sand potential, estimated at approximately 500 million tons of mineral resources. This significant resource base positions the project as a highly prospective non-metal mining asset with strong long-term development potential.
Silica sand is a critical raw material used across various industries, including glass manufacturing, construction materials, electronics, and other industrial applications. Supported by growing domestic demand and future export opportunities, the silica sand resource at PT Gemilang Tambang Raya offers considerable commercial value.
As part of Minevesting Asset Management’s investment strategy, this IUP block is designated as a strategic asset. Its development is planned with a balanced approach that emphasizes resource optimization, regulatory compliance, environmental stewardship, and the application of responsible mining principles. In the long term, the project is expected to generate sustainable value for the company, stakeholders, and surrounding communities while contributing to the development of Indonesia’s silica sand industry.
PT Gemilang Tambang Raya is currently in the exploration phase, which is scheduled to continue through 2027. During this period, activities are primarily focused on systematic data collection and technical studies, including geological mapping, resource estimation, and quality assessment of the silica sand deposits. These efforts aim to establish a reliable and accurate understanding of the quantity and quality of the mineral resources.
Exploration activities are conducted in a structured and phased manner, in accordance with applicable mining regulations and technical standards. In parallel, the company incorporates environmental and social considerations as part of its commitment to responsible and sustainable mining practices.
Upon completion of the exploration phase and validation of technical data, the project is planned to advance to the next development stage in line with regulatory requirements. This phased development approach is designed to ensure operational efficiency, risk mitigation, and long-term project viability.
Overall, the current performance of PT Gemilang Tambang Raya reflects a prudent and disciplined project management approach, laying a solid foundation for future mine development and commercial operations.
The IUP area of PT Gemilang Tambang Raya is located in Segamai Village, Teluk Meranti District, Pelalawan Regency, Riau Province, Indonesia, covering an approximate area of 763 hectares.