https://www.miningweekly.com

Freeport Indonesia secures copper concentrate export permit

3rd July 2024

By: Reuters

  

Font size: - +

JAKARTA - Copper miner PT Freeport Indonesia has secured an export permit for copper concentrate for the rest of year, spokesperson Agung Laksamana said on Wednesday, without elaborating on the export volume.

Indonesia said it would allow Freeport to continue exporting copper concentrate for the rest of the year until its new smelter reaches full capacity, despite a ban on shipments of raw minerals.

Freeport last week launched its $3.7-billion copper smelter in Gresik, East Java, which has a total input capacity if 1.7-million metric tons, but the company said it will only reach full capacity in December, leaving excess copper concentrate available for export.

The government has also promised to extend a copper concentrate export permit for a unit of Amman Mineral Internasional, which is also finalising construction of their smelter.

As of Tuesday, an Amman spokesperson said their export permit was being processed.

Edited by Reuters

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Industrial Nozzles & Systems (Pty) Ltd
Industrial Nozzles & Systems (Pty) Ltd

Industrial Nozzles & Systems (Pty) Ltd (Est. 2000) exclusive representative in Southern Africa for LECHLER GmbH (Est. 1879) - Europe's leading...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

ARM CEO Phillip Tobias.
ARM headline earnings up 19%, dividend declared
4th September 2026 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.047 0.07s - 111pq - 2rq
Subscribe Now