Client NewsAsiamet Resources Limited: BKM Copper Project Power Solution Progressing
Asiamet Resources Limited (“ARS” or the “Company”) is pleased to provide an update in relation to the potential power solution for the BKM copper project, located in Central Kalimantan, Indonesia.
Following the execution of a memorandum of understanding between the Indonesian State Electricity Company (PLN) and the Company in September 2022, PLN has undertaken a powerline route survey and site visit to evaluate the viability of installing a new transmission line to provide grid power to the BKM site. Senior representatives of PLN have indicated a high level of support for the development of the new transmission line and the additional power consumption this will deliver to Central Kalimantan due to there being an excess of power available in the province. The outcome of the work with PLN will be delivery of the preferred technical solution and commercial consideration for grid power supply to the BKM Copper project.
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