BRMS – Save IDR15 tn in capex through partnership with AMNT

Bumi Resources Minerals (BRMS) can streamline capex because the company does not need to build a copper smelter plant to commercialize copper products produced by rontalo Minerals. The copper smelter plant is being built by AMNT and is targeted for completion in 2025-2026. BMRS will also be a sustainable concentrate supplier to AMNT's copper smelter plant located in West Sumbawa, West Nusa Tenggara. The plant has a capacity of 900K tons of cathode copper per year with an investment of more than USD1 bn. BRMS through rontalo Minerals is also building a ld ore processing plant with a capacity of 2K tons of seeds per day in rontalo which is targeted to be completed in 2024. (Source : Cnbc Indonesia)