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Freeport Indonesia hopes to get copper export permit soon
Copper miner Freeport Indonesia hopes to secure a permit soon to export copper concentrate, after the Mining Minister approved a revision of its annual business plan, the company's CEO said on Thursday. Freeport is seeking export permission after a fire in October at a gas cleaning unit forced a halt in copper cathode production at a new smelter in Gresik in the province of East Java. "Our annual business plan has been approved yesterday, hopefully we can get the export recommendation from the mining ministry today," Tony Wenas, CEO of Freeport Indonesia, told a Parliamentary hearing. "If it is issued today, we will ... (full story)
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- Posted: Mar 13, 2025 5:56am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 84
