Our Journey

Historical milestones

Signed Contract of Work (CoW) with the Indonesian Goverment.

Batu Hijau Mine and Elang block desposits discovered and drilled.

MAR

Batu Hijau commenced its first production and shipment.

JAN

Embarked on operational, organizational and cost optimization initiatives.

NOV

100% local shareholding upon the acquisition of PT Newmont Nusa Tenggara by PT Medco Energi Internasional Tbk and PT AP Investment.

JUN

Secures credit facility of $600m to fund the expansion of Phase 6.

FEB

Converted CoW to operation Production Special Mining Business licenses (IUPK-OP).

AUG

Amman Mineral became significant shareholder of MacMahon Holdings Limited, a leading Australian mining contractor listed on Australian Securities Exchange (ASX).

NOV

Completed mining operation transition to MacMahon Holdings Limited.

APR

Delivered first productive ore from Phase 7; 3 months ahead of the schedule.

DEC

Completed Front End Engineering Design (”FEED”) for the smelter project. Acquired 145ha of the project site in Benete.