Indonesian gold mining company PT Amman Mineral Internasional expects to raise $1 billion in an IPO in Hong Kong in 2027. This is reported by foreign media.
Citic Securities Co. and Morgan Stanley are acting as advisers to Amman Mineral in assessing the proposed stock offering and investor interest in listing the company.
In 2023, Amman Mineral placed shares in Jakarta. In 2026, the company's shares fell by more than 25%, reducing its market capitalization to $20 billion.
Other Indonesian companies, including PT Merdeka Battery Materials, Patsnap and a division of the Indonesian conglomerate MNC Group, are also planning to go public.
PT Amman Mineral Internasional Tbk is one of the largest copper and gold producers in Indonesia. The headquarters is located in Jakarta (Indonesia).
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