Name of the Project
Gresik copper smelter project.
Location
Gresik, East Java, Indonesia.
Project Owner/s
Freeport McMoRan.
Project Description
The project involves the construction of one of the world’s biggest copper smelters at Freeport’s existing refining operations, in Indonesia.
The refinery will have a capacity of 1.7-million tonnes of copper concentrate.
The new smelter will also have an output of 600 000 t of copper cathode and include a $200-million precious metal refinery with a capacity of up to 54 t.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
$3-billion.
Planned Start/End Date
Freeport McMoRan broke ground on the project in October 2021, with the project expected to start operations in late 2023 or in early 2024.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
Chiyoda (engineering, procurement and construction contract).
Contact Details for Project Information
Freeport McMoRan, tel +1 602 366 8100 or email fcx_communications@fmi.com.