AMMN Copper Exports Reach 142,887 WMT with South Korea as Primary Destination

Significant Export Achievement

PT Amman Mineral Internasional Tbk (AMMN), through its subsidiary Amman Mineral Nusa Tenggara Tbk (AMNT), has successfully exported 142,887 Wet Metric Tons (WMT) of copper concentrate. This achievement was highlighted by Andri Gilang Nugraha, Director of Export of Industrial and Mining Products at the Ministry of Trade. The export volume represents 27.11% of the total copper concentrate export quota allocated by the government through the Ministry of Energy and Mineral Resources (ESDM) permit.

Key Export Market: South Korea

The exports were primarily destined for South Korea, underscoring the country's importance as a major market for Indonesian copper exports. This significant trade relationship highlights the strong demand for Indonesian copper products in the international market, particularly in the Asian region.

Government Oversight and Quota Management

The Ministry of Trade and the Ministry of Energy and Mineral Resources play crucial roles in regulating and monitoring the export of copper concentrate. The export quota system ensures that the country's natural resources are managed sustainably while allowing mining companies to operate within a regulated framework.

Implications for AMMN and Indonesian Mining Sector

This export achievement not only demonstrates AMMN's operational capabilities but also contributes to the overall performance of Indonesia's mining sector. As one of the significant players in the industry, AMMN's success in meeting export quotas reflects positively on the country's mining industry as a whole.