Bisnis, JAKARTA – Lobbies made by Freeport Indonesia to the State Palace to extend their copper concentrate export license have recently been fruitful. Now, this company which is a joint venture of mining BUMN MIND ID and Freeport McMoRan Inc. will be able to focus on completing the smelters.
Freeport & Amman Breath a Sigh After Gaining Export Extension
Two crucial smelters for processing copper concentrates are being manufactured in the country. If the government is insisting on implementing a moratorium in the middle of this year, the two smelters will, in practice, potentially become unable to produce. State losses would not be in any way small.
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