B · Normal
[Indonesian mining company Amman Mineral is reported to have selected a bank to arrange its Hong Kong listing] September 10th, one of Indonesia's largest copper and gold producers PT Amman Mineral Internasional is reported to have selected a bank to arrange its Hong Kong listing, which may raise at least US$1 billion. Amman Mineral, which is listed in Jakarta, is working with CITIC Securities and Morgan Stanley and the issuance could take place as early as next year, people familiar with the matter said. Amman Mineral will be listed in Jakarta in July 2023. The company's shares fell to a nearly three-year low in May, but have rebounded 66% as copper prices soared to new highs. However, so far this year, Amman Mineral’s share price has still fallen by more than 25%, and its current market value is approximately 350 trillion Indonesian rupiah (US$20 billion).
Global market intelligence 🕐 2026-09-10 18:24

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