BALI, INDONESIA, 20 September 2023 – PT Amman Mineral Nusa Tenggara (“AMNT”), a subsidiary of PT Amman Mineral Internasional Tbk (IDX: “AMMN”) signed a Heads of Agreement (“HoA”) with PT Pertamina (Persero) (“Pertamina”) to ensure a steady supply of Liquified Natural Gas (“LNG”) for AMNT’s upcoming combined cycle power plant (“CCPP”) and its copper smelter which is being constructed by PT Amman Mineral Industri (“AMIN”). The HoA signing was done by the President Director of AMNT, Rachmat Makkasau, and the Director of Strategy, Portfolio, and Business Development of Pertamina, Salyadi, during the 4th International Convention on Indonesian Upstream Oil and Gas (“ICIUOG”) event at the Bali Nusa Dua Convention Center.
Rachmat Makkasau explained that the strategic partnership with Pertamina, supported by SKK Migas, is a critical step to help AMNT to lower its carbon emission further. “As one of the largest copper and gold producers in the world, AMNT is committed to conduct its operations with sustainable mining practices. We are currently constructing a 450 Megawatts CCPP to support our expanding operations at the Batu Hijau site, which will run on cleaner energy source, gas,” explained Rachmat.
The capacity of AMNT’s CCPP will be almost three times larger than the existing power plant, to support the operations of copper smelter and precious metal refinery facilities, expanded processing plant, and Phase 8 mining. The CCPP is targeted to be operational in 2024. The development of all expansion projects in Batu Hijau site underlines AMMN’s commitment to support Indonesia’s downstream agenda in the mining industry, as outlined in the Mineral and Coal Law.
AMNT has undertaken various activities to lower carbon emissions from its operations, including the integration of a ground-mounted solar photovoltaic (“Solar PV”) power plant since June 2022, with a peak capacity of 26.8 megawatts. This Solar PV system enables AMNT to reduce CO2 emissions by up to 40,000 tons per year. In addition, other programs such as reclamation, watershed rehabilitation and clean water diversion have also contributed to carbon sequestration.
