Freeport gets Indonesia copper export recommendation
Indonesia s government says it extended the export recommendation for Freeport McMoRan FCX but will allow a lower than requested metric tons of copp
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Industry News Indonesia Opens Room for Bauxite Export Nickel Ore to For example exports of bauxite an aluminum ore declined to million tons in 2024 significantly down from million tons with a combined value of USD $
FMI announces resumption of mining in Indonesia
PHOENIX — Freeport McMoRan Copper Gold Inc announced that PT Freeport Indonesia has resumed open pit mining and concentrating activities at its Grasberg operations in Papua Indonesia following approval from
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Mining Renegotiations Freeport Indonesia Builds Copper
Subsidiary of US based natural resources company Freeport McMoRan Copper Gold Inc Freeport Indonesia decided to build its copper smelter in Gresik East Java as infrastructure around this regency makes it easier to transport its mining products for export purposes The other location that
Has mining giant Freeport had enough with Indonesia
After years of skirmishing with the Indonesian government American mining giant Freeport McMoRan Copper Gold has finally issued a 120 day ultimatum saying it will go to arbitration over violations to the Contract of Work CoW it signed with President Suharto s New Order regime 26 years ago
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Grasberg mine Indonesia is fortunate to be endowed with vast mineral wealth The country is the world s second largest producer of tin and nickel and in 2024 according to the
Freeport to Give Indonesia a Majority Stake in Its Grasberg Mine
· JAKARTA Indonesia — Though located in Indonesia one of the world s most valuable chunks of land has long been owned by Americans Called the Grasberg mine it represents a vast store of copper and gold ore extracted through a vast open pit one third of a mile deep On Tuesday in one of the
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Copper Puts a Shine on Newmont Mining Corp s Earnings
Copper Puts a Shine on Newmont Mining Corp s Earnings Higher sales of the red metal out of Indonesia and Australia help boost the gold and copper miner s revenues
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Indonesia s mining ministry expects copper production to
JAKARTA Dec 20 Reuters s mining ministry expects the country s copper production to jump to 710 000 tonnes next year the ministry s coal and minerals director general Bambang Gatot said on Tuesday
Indonesia plans to buy out Rio s share of Grasberg copper mine
Indonesia plans to acquire Rio Tinto s 40 percent participating stake in the Grasberg copper mine operated by the local division of Freeport McMoRan Inc part of
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Freeport to seek Rio Tinto approval for deal with
Jakarta US mining giant Freeport McMoRan has signalled it believes a breakthrough agreement allowing it to continue operating a massive gold and copper mine in Indonesia will win the approval of Rio Tinto
Freeport Amman awaiting green light on 2024 Indonesia
The Indonesian unit of Freeport McMoRan Inc and fellow copper miner Amman Mineral Nusa Tenggara AMNT are waiting for last minute mining ministry approvals to their applications to extend copper concentrate exports company officials said
Indonesia plan to buy Rio copper stake could be win win
Indonesia said on Tuesday it plans to acquire Rio Tinto s stake in the Grasberg copper mine operated by Freeport McMoRan Inc potentially solving a
Indonesia and Freeport close in on copper mine deal Times
Indonesia and the US mining company Freeport McMoran are edging closer to a deal that will mean a state owned group taking a majority stake in Grasberg the world s second biggest copper mine After months of tense negotiations the two sides are set to publish a memorandum of understanding before
Indonesian copper smelters at risk as mining policy misfires
· Before the ban Indonesia was the world s biggest exporter of nickel ore It is also a major supplier of refined tin thermal coal and copper