PRESS RELEASE




PTAMNT Receives Extension of a Concentrate Export Permit


Jakarta, 24 February 2017 PT Amman Mineral Nusa Tenggara (AMNT) has been granted an extension of concentrate export permit from the Government. The export recommendation was issued by the Ministry of Energy and Mineral Resources on February 17, 2017 and the Ministry of Trade then issued a copper concentrate export permit with maximum volume of 675,000 WMT.

The company appreciates the cooperation between AMNT and the Government through the Ministry of Energy and Mineral Resources and the Ministry of Trade completing the recommendation application process and the extension of the Batu Hijau concentrate export permit.

“AMNT will soon resume its export activities and continue its Batu Hijau mining operations normally,” said Rachmat Makkasau, President Director of AMNT.

“We also look forward to continuously working together with the Government in achieving our shared goals namely sustainable mining operations and increasing the added value of AMNT mine as one of the domestic economic development stimuli in the long run as we have conveyed to the central and regional governments particularly in respect of their support to facilitate and support our future investment,” added Rachmat Makkasau.

*****

On PT Amman Mineral Nusa Tenggara

Amman Mineral Nusa Tenggara ("Amman Mineral") is an Indonesian mining company that operates the Batu Hijau mine. Amman Mineral has several other promising prospects in the copper and gold concession area located in West Sumbawa Regency, West Nusa Tenggara Province. The Batu Hijau mine is the second largest copper and gold mine in Indonesia and is a world-class asset.

The shareholders of PT Amman Mineral Nusa Tenggara are PT Amman Mineral International (82.2%) and PT Pukuafu Indah (17.8%). PT Amman Mineral Internasional is an Indonesian company whose shareholders consist of PT AP Investment (50%) and PT Medco Energi Internasional Tbk (50%)

*****

Media contact

Anita Avianty
Head of Corporate Communications
Phone : +62 81139 49010
Email : anita.avianty@amnt.co.id