An AMI Subsidiary
Amman Mineral Industri
Amman Mineral Industri (AMIN), one of AMI’s subsidiaries, is a company that develops the copper smelter and precious metals refinery (PMR) project for AMNT, located near the Batu Hijau mine in Sumbawa, Indonesia. In addition to strengthening the Amman Group portfolio, AMIN was established in support of Indonesia’s objectives in developing the mineral downstream industry. AMIN’s smelter and PMR projects are included as one of the National Strategic Projects under the Coordinating Ministry of Economic Affairs coordination. These projects will also support West Nusa Tenggara (NTB)’s provincial government to position itself as a region with advanced mining technologies within the global map. AMIN’s projects will also be one of the two major Strategic Industrial Project Areas targeted by the provincial government of NTB for the period of 2020-2024.
Our Productivity
Achieving milestones for efficiency and sustainability
In 2020, the development of smelter and refinery facilities has progressed up to 25.55%, consistently exceeding the minimum limit set by the government at each semester.
This shows AMIN’s perseverance to comply with government regulations, despite the challenges faced with the onset of the COVID-19 pandemic. AMIN has already been able to secure all required permits for development and advanced technology for effective operations of the facilities. Currently, the company is also working on securing cooperation with several key groups in Indonesia, such as working with Medco Energi on green and renewable energy for use in the development and operations of the smelter and refinery facilities.
Our Leaders
Board of commissioners
President Commissioner
Agus Projosasmito
President Commissioner
Agus Projosasmito
Agus is a seasoned Indonesian investment banker with more than 30 years of experience in the industry. He started his career as the Head of Capital Markets at Danareksa (Persero) in 1982. His extensive career in the banking industry has brought him to sit at various executive positions including as the Vice President Director at DBS Securities Indonesia (1992 – 1995), Managing Director at Danareksa (1995-2001), President Director at PT Nusantara Mahabakti (20007 – present). Prior to joining AMMAN, Agus was the founding CEO of PT Ithaca Resources. He obtained his degree in Economics from Satya Wacana Christian University before completing his diploma in Economics of Development from the Australian National University.
Commissioner
Alexander Ramlie
Commissioner
Alexander Ramlie
Alexander Ramlie is currently the President Director and Chief Executive Officer (CEO) of PT Amman Mineral Internasional. He joined in 2015 as a member of the AMMAN founding team, where he played an instrumental role in the acquisition of PT Newmont Nusa Tenggara. He is concurrently a Non-Executive Director of Macmahon Holdings Ltd, an ASX-listed mining contractor. From 2011 to 2015, he was the President Director and CEO of IDX-listed PT Borneo Lumbung Energi & Metal Tbk. He also led the acquisition of a controlling stake in Bumi PLC by Borneo in 2011. Between 2012 and 2015, Alex was also a Director of LSE-listed Bumi PLC, a Vice-President Commissioner/Vice-Chairman of IDX-listed PT Berau Coal Energy Tbk and its subsidiary, PT Berau Coal. At the same time, he held commissioner positions at PT Bumi Resources Tbk, PT Kaltim Prima Coal, and PT Arutmin Indonesia. Alex began his career as an investment banker at Lazard Frères & Co and has a Bachelor of Arts and a Master of Arts in Economics from Boston University.
Commissioner
Yaser Raimi Panigoro
Commissioner
Raimi Panigoro
Raimi Panigoro brings more than 15 years of professional experience in business development across industries within Medco Group. In 2002, Raimi obtained a degree in technology information from American Intercontinental University, USA, before completing his MBA at the Marymount University, USA. Raimi has held various strategic position in the company before serving as a commissioner of Amman Mineral, i.e., Business Development Manager of PT Medco Musi Banyu Asin (2003 to 2005), Deputy Managing Director of PT Medco Energi Mining Internasional, and Commissioner of PT Medco Intidinamika and Medco Agro. He currently also serves as the Commissioner of PT Medco Energi Internasional Tbk and PT Multi Fabrindo Gemilang.
Our Leaders
Board of directors
President Director
Rachmat Makkasau
President Director
Rachmat Makkasau
Rachmat Makkasau has worked in the mining industry for over 26 years and has a well-rounded knowledge of the business — from operations, leadership and human resources to business development. His experience in multiple project expansions enables him to bring stability and credibility to the smooth transition of ownership to PT Amman Mineral Nusa Tenggara (AMNT). He is an active member and advisor on several industry and mining associations, and he also obtained a bachelor’s degree in economics and a master’s degree in management from Bina Nusantara University.
Director
Dr. Naveen Chandra Lal
Director
Dr. Naveen Chandra Lal
Dr. Naveen Chandra Lal has extensive global and executive experience for more than 26 years in mining operations, commercial and commodity trading, acquisitions, mergers, and strategic development. He has managed an extensive portfolio of commodities across multiple industries. Prior to joining AMMAN in 2016, Dr. Naveen worked as CEO of RAK Minerals and Metals Investments FZC, United Arab Emirates, from 2008 to 2012, and later became President Director of Trimex International Indonesia from 2012 to 2016. He holds a master’s degree in chemistry and a Ph.D. from Jadavpur University, India. He also has an Advanced Management Program degree from Harvard Business School.
Director
Arief Sidarto
Director
Arief Sidarto
Arief Sidarto has extensive experience in the financial services and corporate sectors. Arief started his career with Goldman Sachs in New York in 1991 and eventually ran their investment banking business in Southeast Asia. He was also appointed as a member of the Commitments Committee, which vetted all investment banking transactions in Asia, excluding Japan. Prior to joining AMMAN, he was the Managing Director and Member of the Board of Rajawali Corpora, a diversified Indonesian business group with investments in palm oil plantation, gold and mining, luxury hotels and properties, transportation, infrastructure, as well as TV and media. During his time there, he played a prominent role in the Finance and Investment Committee, Ethics Committee, Audit & Risk Management Committee and Management Board. He graduated summa cum laude with dual degrees in finance and engineering from the University of Pennsylvania before completing his MBA at Harvard Business School.
