TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Islands in focus: Papua continues to woo smelter investors
Papua is continuing its efforts to persuade investors to build a smelter in the province to process concentrate from PT Freeport Indonesia, which mines gold and copper in Tembagapura, Mimika, Papua
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
P
apua is continuing its efforts to persuade investors to build a smelter in the province to process concentrate from PT Freeport Indonesia, which mines gold and copper in Tembagapura, Mimika, Papua.
'Papua is still looking for investors who are interested, and has provided land for the purpose,' said Papua Mining Office head Bangun Manurung in Jayapura on Wednesday.
He said the provincial administration had provided 142 hectares of land at Poumako Port in Mimika regency.
The smelter, with a capacity to process 900,00 tons of concentrate annually, would cost in the region of US$1 billion and be expected to start operating by 2020.
Two investors have expressed an interest in building the smelter and have conducted talks with the Papua provincial administration. They are NFC and Felix Gold Corporation, both from China.
