PT Merdeka Tsingshan Indonesia (MTI), a joint venture between MBMA (through its subsidiary, PT Batutua Pelita Investama (BPI)) and Eternal Tsingshan Group Limited. MBM holds an 80 percent ownership share in PT Merdeka Tsingshan Indonesia (MTI) which operated the AIM (Acid, Iron, Metal) Project. This project is a strategic asset of PT Merdeka Copper Gold Tbk, MBM’s parent company. The AIM project, located at IMIP, is designed to process waste ore from the Wetar Copper Mine into sulfuric acid, saturated steam, iron ore pellets, copper sponge, lead-zinc hydroxide, dore gold and silver.