Pt Amman Mineral Internasional Tbk · IDX:AMMN
Pt Amman Mineral Internasional Tbk — H1 2024 Earnings Presentation
27 slides from Pt Amman Mineral Internasional Tbk's earnings presentation, Jul 26, 2024
Slide 1: PT Amman Mineral Internasional Tbk H1 2024 Earnings Results
PT AMMAN MINERAL INTERNASIONAL TBK (AMMN) H1 2024 Earnings Results July 26, 2024
Slide 2: Table of Content
TABLE OF CONTENT 1. H1 2024 Highlights Operations Update Project Expansion Update Financial Update ae AN Guidance and Outlook WWW AMMAN
Slide 3: Disclaimer
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Slide 4: H1 2024 Highlights
H1 2024 Highlights ACHIEVED THE HIGHEST FIRST HALF-YEAR PRODUCTION IN SEVEN YEARS NW AMMAN
Slide 5: Achieved the highest first half-year production in seven years
ACHIEVED THE HIGHEST FIRST HALF- YEAR PRODUCTION IN SEVEN YEARS • • • • • • • • •
Slide 6: Expansion Projects Highlights
EXPANSION PROJECTS HIGHLIGHTS • •
Slide 7: ESG Update
ESG Update 2023 SUSTAINABILITY REPORT HIGHLIGHTS * Defining Our Legacy + 2°¢ year of reporting sustainability progress * Key initiatives: v v v v v Greenhouse Gas Emissions (GHG) reduction Water management excellence Biodiversity conservation Enhanced workplace safety Community engagement and develo
Slide 8: Operations Update
Operations Update
Slide 9: Mining productivity reached all time high and on track for full-year guidance
MINING PRODUCTIVITY REACHED ALL TIME HIGH AND CONTINUES ON TRACK TO ACHIEVE FULL-YEAR GUIDANCE • •
Slide 10: Substantial rise in metals production attributed to high-grade ore in Phase 7
SUBSTANTIAL RISE IN METALS PRODUCTION ATTRIBUTED TO THE HIGH-GRADE ORE IN PHASE 7, PRODUCTION ON TRACK FOR FULL-YEAR GUIDANCE
Slide 11: High safety performance indicated by TRIFR
HIGH SAFETY PERFORMANCE INDICATED BY TRIFR TRIFR measures how frequently recordable work-related injuries, such as lost time, medical treatment, and restricted work injuries, occur for each one million hours worked • •
Slide 12: Project Expansion Update
Project Expansion Update THE SMELTER HAS ACHIEVED MECHANICAL COMPLETION AND ENTERED THE COMMISSIONING STAGE SINCE THEN
Slide 13: Smelter Progress
SMELTER PROGRESS Smelter feed: Smelter output: AS OF MAY 20241 . 900,000 tpa 220,000 tpa of copper of LME Grade A copper cathode concentrate with 99.99% purity from Batu Hijau and future Elang 830,000 tpa of sulfuric acid with 98.50% purity KEY FEATURES OF THE PRECI METAL REFINERY (“PMR”: COMMISSION
Slide 14: Smelter Progress Comparison
SMELTER PROGRESS COMPARISON
Slide 15: The smelter has entered the commissioning stage
THE SMELTER HAS ENTERED THE COMMISSIONING STAGE
Slide 16: Two 50 MW dual-fired gas turbines commissioned to supply smelter plant
TWO 50 MW DUAL-FIRED GAS TURBINES HAS BEEN COMMISSIONED AND ENERGIZED TO SUPPLY UNINTERRUPTED POWER TO THE SMELTER PLANT • • • •
Slide 17: The Processing Plant Expansion Update
THE PROCESSING PLANT EXPANSION UPDATE The processing plant is being expanded to double its input capacity, from 40 to 85 Mtpa, to process additional ore supply from Phase 8 and the future Elang mine. • • • •
Slide 18: Financial Update
Financial Update STRONG FINANCIAL RESULTS DRIVEN BY INCREASED SALES VOLUME AND FAVORABLE METAL PRICES NW AMMAN
Slide 19: Financial Highlights
FINANCIAL HIGHLIGHTS Production and sales data NW Units H12024 H1 2023 % Change} Concentrate Production dmt 444,143 233,618 Sales dmt 337,929 137,856 Copper Production Mibs 236 134 Sales Mibs 173 76 Selling price (net)! USS/Ib 4.46 4.48 Adj. C1 cost? USS/Ib sold (2.44) (0.90) Gold Production oz 494,
Slide 20: Robust financial performance fueled by increased metal sales volume and prices
ROBUST FINANCIAL PERFORMANCE FUELED BY INCREASED METAL SALES VOLUME AND PRICES • • •
Slide 21: Prudent financial management and cost control
PRUDENT FINANCIAL MANAGEMENT AND COST CONTROL
Slide 22: Development Timeline
DEVELOPMENT TIMELINE Near | 2023 | 2024 | 2025 | 2030 | 2034 | 04H Quarter faiazjasjasjarjazjasjasjaifazjasfaa) | Mining activities Batu Hijau Phase 7 | | | | | fff Batu Hijau Phase 8 / Stockpiles Dy --------- > Elang Project 1 ; . . Total Spal ! Spent Remaining Infrastructure projects unit budget (
Slide 23: Bank loans help fund expansion projects
BANK LOANS HELP FUND EXPANSION PROJECTS
Slide 24: Guidance and Outlook
Guidance and Outlook OUR FULL-YEAR GUIDANCE REMAINS UNCHANGED, WITH A STRATEGY FOCUSED ON OPTIMIZING PRODUCTION NW AMMAN
Slide 25: FY2024 Outlook and Beyond
FY2024 OUTLOOK AND BEYOND 40 35 30 25 20 15 10 5 0 2020 2025 2030 2035 2040 2045 2050 Base case Production Capability Probable Projects Primary Demand: Net zero scenario Primary Demand: Base case Primary Demand:Pledges scenario
Slide 26: Full-year guidance unchanged, strategy focused on optimizing production
OUR FULL-YEAR GUIDANCE REMAINS UNCHANGED, WITH A STRATEGY FOCUSED ON OPTIMIZING PRODUCTION • •
Slide 27: Thank You
THANK YOU wiwamman.c6id ANAAN AMMAN ee THE COPPER MARK EB Arman Mineral §Y @Ammandinerat [J @ammanmineral J PT Aman Mineral internasional Tbk MJ PT Amman Mineral Nusa Tenggara ~ ©
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