AsiaMet Resources (LON:ARS)

Fast-tracking our #Copper development projects on Islands of Kalimantan & Sumatra. Indonesia #ARS

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS announces Chinese regulatory approval received for the Indokal (KSK) transaction. See recent RNS for full details.

https://t.co/x205EbwOGn

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Conditional SPA to sell its interest in KSK Project to Norin Mining for US$105m, following a structured competitive process.

Cash distribution to shareholders expected post-completion. Deal is subject to shareholder & regulatory approvals. Link below
https://t.co/95jJYMqDXY

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Limestone drilling at BKM hits +95% purity

🔹Confirmation of local supply avoids costly import
🔹Locks in key DFS cost savings
🔹Incorporated into BKM economic model for ongoing strategic process

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS High-purity limestone (+95%) confirmed at BKM, drilling 50% complete. Local supply cuts major costs & is key enabler of low-cost operations.

Optimisation work (copper recovery & power) also advancing, feeding into strategic process.

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Drilling underway at Rinjen, 12km from BKM

🔹1st hole confirms local limestone for plant neutralisation
🔹Local source of limestone key enabler of low operating cost base
🔹Will eliminate need to import lime at significantly higher cost

#Copper

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS appoints Peter Oliver as Project Director for BKM Stage 1 #Copper Project

🔹30+ yrs delivering complex greenfield projects in Central Kalimantan & globally - incl. senior roles with BHP & BUMA
🔹Key step as lenders & partners assess BKM’s project execution capability

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS With few new projects coming online in Asia, BKM is advancing into a structurally tight #Copper market - right on the doorstep of key regional demand.

BKM stands out as a near-term source of new production.

Financing process & strategic engagement is now underway.

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Exec discuss financing & operational activity:

🔹Project director appointment pending
🔹Limestone and flowsheet optimisation work
🔹Financing DD continues with lenders & strategic investor process

[AsiaMet Resources (LON:ARS) @AsiametTweets]

“We’re building a long-life #Copper asset and that’s just based on current resources.”

#ARS execs highlight major upside across the 40,000ha KSK contract.

🔹Lender group has expanded since June
🔹Strategic investor engagement now formally underway

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Execs speak to @VOXmarkets

🔹BKM financing now in full swing: dual-track debt + strategic investor process

🔹Grant Samuel leading structured process to advance strategic investor engagement, alongside limestone drilling, flowsheet optimisation & Project Director incoming

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS appoints leading independent advisory firm to run strategic investor process for BKM Copper Project. With lender due diligence well underway, Asiamet is now advancing both debt and strategic pathways in parallel

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS “Now running coordinated processes for both strategic & lender engagement to deliver the right partnerships for BKM & unlock the broader KSK portfolio”

CEO blog confirms a highly credible adviser will lead strategic investor process — further updates to follow

Read here👇

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Appointment of Shore Capital as Corporate Broker.

Asiamet is entering the development phase for BKM Copper Project and enhancing its markets outreach strategy.

Shore brings strong sector expertise, institutional access, research coverage & market-making capabilities.

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS CEO Blog:

🔹 Financing advancing; banks in due diligence
🔹 Top-tier advisors to be appointed shortly to manage Strategic Investor process
🔹 Strong copper market fundamentals support value and growth

Read more👉

[AsiaMet Resources (LON:ARS) @AsiametTweets]

New CEO Blog: #ARS is now firmly in the financing phase:

🔹BKM stands out as a de-risked, development-ready #copper project with major upside across broader KSK portfolio

🔹 Lender process progressing; strategic investor work to advance in parallel — more to follow soon

📖👇

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS has reshaped BKM into a leaner, lower-risk copper project.

🔹 ~$57m capex reduction
🔹 Strip ratio nearly halved
🔹 Simpler, more efficient build

Now in financing phase; with lenders in DD & engaging with strategic investors.

See our full presentation below:

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS Global #Copper market heading into structural deficit, BKM Stage 1 ready to deliver new supply

With feasibility work complete, costs defined & lenders engaged, Asiamet's BKM project stands out as one of the near-term development projects in Asia

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS BKM Feasibility Study lays the groundwork for production at BKM Stage 1

🔹Low-risk 10ktpa #Copper project
🔹$1.2B revenue, 17.7% IRR, >50% EBITDA margin @ Cu price $4.30/lb
🔹Lender engagement progressing

Substantial upside from adjacent BKZ polymetallic
deposit

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS | Asiamet has formally commenced the project financing process for its BKM Stage 1 #Copper Project.

Following completion of OFS & ITE review, data room opened to targeted group of prospective project finance lenders.

Lender due diligence is now underway.

[AsiaMet Resources (LON:ARS) @AsiametTweets]

#ARS | PT BUMA increases strategic stake to 44.6% with US$2.5m direct subscription.

Funds to advance BKM Stage 1 #Copper Project toward Final Investment Decision — supporting financing, engineering, and contracting.

🔗 Read more