Asiamet Completes Key Study for BKM Copper Project, Readies for Financing

Asiamet Resources ( (GB:ARS) ) has issued an announcement.

Asiamet Resources Limited has completed a supplementary power supply study for the initial phase of its BKM Copper Project, marking the final technical input needed for its Optimised Feasibility Study (OFS). This milestone positions the project as de-risked and construction-ready, targeting an annual production of 10,000 tonnes of copper cathode. The completion of the study enhances the company’s readiness for financing, with active engagement from potential lenders, and sets the stage for the imminent publication of the OFS, which is expected to attract further investor interest.

More about Asiamet Resources

Asiamet Resources Limited is a company operating in the mining industry, primarily focused on the development and production of copper resources. Its flagship project is the BKM Copper Project located in Central Kalimantan, Indonesia, which targets the production of copper cathodes to meet Asia’s growing demand.

YTD Price Performance: 21.79%

Average Trading Volume: 2,212,961

Technical Sentiment Signal: Sell

Current Market Cap: £29.76M

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