PT Amman Mineral Internasional Tbk. (AMMN) is transitioning from a copper concentrate exporter to an integrated metals producer, focusing on high-value products like copper cathodes and refined gold. According to BRI Danareksa Sekuritas, this shift is expected to significantly boost earnings starting in the second quarter of 2026, following the expiration of the copper concentrate export permit. The company’s new processing plant is nearly complete and will increase annual processing capacity from approximately 40 million to 85 million metric tons. This expansion aims to enhance production at the Batu Hijau mine and support the development of the Elang project as a long-term growth driver. BRI Danareksa projects 2026 revenues could reach $4 billion, up 117% from previous levels, with EBITDA forecasted to grow by 97% to around $2 billion.
Lectura del sesgo (Centro): The article presents a factual analysis of AMMN's strategic shift and financial projections based on industry data and expert reports. It does not take a clear ideological stance but provides balanced information about corporate strategy and market trends. The framing remains neutral, relying on ver





