Indonesian Amman Mineral Seeks "Flexibility" in Exporting Copper Concentrates

Published: Feb 19, 2025 15:00

Save

[Indonesian Amman Mineral Seeks "Flexibility" to Export Copper Concentrates] According to foreign media reports on February 19, Rachmat Makkasau, CEO of Indonesian miner PT Amman Mineral Nusa Tenggara, told parliament on Wednesday that they are seeking "some flexibility" from the government to allow them to export copper concentrates, as their smelter is operating at only 48% capacity. (Webstock Inc.)

According to Webstock Inc., citing foreign media on February 19, Rachmat Makkasau, CEO of Indonesian copper miner PT Amman Mineral Nusa Tenggara, told parliament on Wednesday that the company is seeking "some flexibility" from the government to allow them to export copper concentrates, as their smelter is operating at only 48% capacity.

He stated that the company has approximately 200,000 mt of concentrate inventory available for export.

Indonesia has banned the export of raw ores such as copper, but the government extended the copper concentrate export deadline for Amman Mineral and PT Freeport Indonesia until December last year while they completed the construction of their smelters.

Makkasau noted that Amman Mineral's smelter was completed last year, but after a fire occurred shortly after the commissioning of Freeport Indonesia's copper smelter, the company has taken an especially cautious approach to its commissioning process.

"Therefore, considering the many uncertainties during the commissioning process, we hope to gain flexibility in terms of exports," Makkasau told lawmakers.

For more updates on the copper industry chain, you are cordially invited to attend the CCI 2025SMM (20th) Copper Industry Conference & Copper Industry Expo,

hosted by SMM, which will be grandly held in Nanchang, Jiangxi, from April 22-25, 2025.

Over 3,000 industry elites, representatives from upstream and downstream enterprises in the copper industry chain, government officials, industry associations, third-party equipment and logistics providers, as well as academic and research experts, will gather at the event. The conference will cover the entire copper industry chain, including mining, smelting, copper processing, trade, recycling, and end-use applications.

At the conference, more than 100 exhibitors will showcase the latest copper processing and smelting equipment, premium raw material suppliers, new-type copper-based materials, and other cutting-edge achievements in the copper industry, highlighting innovation and vitality in the sector.

The event will feature a variety of activities: the main forum will focus on global copper market trends, raw material supply, policy analysis, and market insights. Sub-forums will delve into specific areas such as electrical transmission and distribution, secondary copper, new copper-based materials, hardware and plumbing, and ESS, exploring industry hot topics in depth. During the conference, a two-day field trip will visit 12 representative enterprises in the copper industry, with a cumulative capacity of 1 million mt, to share advanced technologies and valuable experiences, supporting the upgrade of the copper industry chain and promoting high-quality development in the sector. CCI 2025SMM (20th) Copper Industry Conference & Copper Industry Expo

will help you grasp industry trends, expand your network, and discover business opportunities! SMM warmly invites you to join us in Nanchang, Jiangxi, from April 22-25, to unite for a new era of copper and explore new development opportunities!

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

12 hours ago

"Premier Li Qiang Leads State Council Meeting on Enhancing Effective Investment, Boosting Economic Growth"

Premier Li Qiang presided over an executive meeting of the State Council to study policy measures for promoting effective investment. The meeting noted that promoting effective investment plays an important role in stabilizing economic growth and strengthening momentum for development. It is necessary to innovate and improve policy measures, and intensify efforts to enhance the efficiency of utilizing funds such as central budget investments, ultra-long-term special treasury bonds, local government special bonds, and new-type policy-based financial instruments. In conjunction with formulating and implementing the 15th Five-Year Plan

12 hours ago

"Guided by Xi Jinping Thought, Implement 20th CPC Congress Spirit, Apply New Development Philosophy...

Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, we will thoroughly implement the spirit of the 20th National Congress of the Communist Party of China and the plenary sessions of the Party’s 20th Central Committee, fully and faithfully apply the new development philosophy, strengthen top-level design, build computing power interconnection nodes oriented toward national hub periods, major strategic regions, and key industries, establish a system of computing power interconnection nodes, improve the efficiency and service level of public computing power resources, and promote high-quality development of computing power.

12 hours ago

Indirect Iran-US Nuclear Talks in Muscat Show Progress, Omani FM Mediates Tense but Efficient Discussions

After intensive indirect consultations, the new round of nuclear talks between Iran and the US in Muscat, the capital of Oman, has achieved phased progress. It is reported that during this round of talks, the Iranian and US delegations did not meet directly. Instead, Omani Foreign Minister Badr acted as an intermediary, conveying a series of core proposals, strategic concerns, and policy positions to the other side. The atmosphere at the talks was tense yet efficient. According to preliminary on-site assessments, although both sides continue to negotiate over specific terms, they have reached a consensus on the key objective of "continuing dialogue."

12 hours ago