Asiamet Resources Limited (LSE:ARS) has initiated the debt financing process for the first phase of its BKM Copper Project, situated in Central Kalimantan, Indonesia. This development follows the successful completion of both an Optimised Feasibility Study and a review by an Independent Technical Expert—two critical components in de-risking the project. The company has now opened its project data room to prospective lenders, formally starting the due diligence phase. This move marks a pivotal step toward a final investment decision and reflects Asiamet’s strategy to advance the project while separately progressing discussions around offtake agreements and strategic partnerships. The update sends a clear message to stakeholders that the BKM Copper Project is poised for development.
About Asiamet Resources
Asiamet Resources Limited is a resource development company focused on advancing copper assets in Southeast Asia. The company’s flagship asset is the BKM Copper Project in Central Kalimantan, Indonesia. Listed on the AIM market under the ticker ARS, Asiamet is dedicated to developing high-quality base metal projects that align with global demand for copper in the energy transition.
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