Amman Mineral Boss Speaks Out on Iran-Israel War Impact

Jakarta – The escalation of the conflict between nations in the Middle East has attracted the attention of global industry players, including the mining sector. However, to date, PT Amman Mineral Internasional Tbk. (AMMN) states it has experienced no direct impact on its operations or product demand.

Vice President of Corporate Communications Kartika Octaviana stated that one aspect with the greatest potential for impact is the supply chain, particularly regarding energy distribution, such as fuel. However, the company is currently conducting comprehensive risk mapping through an enterprise risk management (ERM) framework to anticipate potential impacts from the conflict.

“If anything has a significant influence, it would certainly be the supply chain, such as fuel and so on. But actually, we are now undertaking enterprise risk management. As part of our enterprise risk management, we are assessing all the potential impacts,” she said when met in Jakarta on Wednesday (11 March 2026).

She explained that as of now, the company’s operations are running normally and have not experienced significant disruptions. However, management continues to monitor global developments, as the conflict’s impact could materialise through commodity price movements and logistics costs.

“So far, it has not been hindered. But the effect would certainly be possibly on prices. We will see the trend. But we don’t want to speak too soon. We’ll just see how it goes. Clearly, our enterprise risk management is working to map out all risks. This is still an early stage,” she said.

Meanwhile, Amman Mineral has also not observed any impact on demand for copper, the company’s primary product. She assessed that fundamentally, global copper demand remains strong, driven by electrification trends and energy transition, while global supply is relatively limited.

“Copper is in high demand. As we know, supply is always contracted, difficult supply. Because there are limited copper mines in the world and demand is high due to electrification and everything,” she noted.

Nevertheless, the company will continue to monitor responses from various major nations to the conflict, including China, which could affect global commodities market dynamics.

“We don’t know yet because this conflict is only a few weeks old. Then how nations respond, for example how China responds. We don’t know that either. So far, there is no visible effect on demand for our products,” she concluded.