AMNT Copper Production Trend Decreasing Since 2015

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Reza Pahlevi 14/02/2022 19:00 WIB

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Amman Mineral's copper production reached 512 million pounds in 2015. Currently, its production is recorded at 163 million pounds as of September 30, 2021.

Amman Mineral Nusa Tenggara Copper Production (2015-2021)

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AMNT Copper Production Trend Decreasing Since 2015

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Amman Mineral Nusa Tenggara Copper Production (2015-2021)

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Amman Mineral Nusa Tenggara (AMNT), a subsidiary of Medco Energi Internasional, produces copper from the Batu Hijau mine in Sumbawa, Nusa Tenggara. As of September 30, 2021, their copper production was recorded at 163 million pounds.

Over the past several years, from 2015 to 2021, AMNT's copper production has shown a declining trend.

In 2015, AMNT produced 512 million pounds of copper. Production then decreased to 478 million pounds in 2016 and further declined to 288 million pounds in 2017.

AMNT's copper production fell below 200 million pounds in the following two years, reaching 142 million pounds in 2018 and 130 million pounds in 2019. Production saw a slight increase to 294 million pounds in 2020, before falling again in 2021.

AMNT is currently developing phases 7 and 8 of the Batu Hijau mine to increase its copper production. Additionally, they are constructing a copper smelting facility, targeted for completion in 2023.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."