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View all search resultsFreeport-Indonesia
Opinion 2 weeks ago
PREMIUM
Analysis: Freeport divestment deal anchors Indonesia-US tariff negotiations
The administration of President Prabowo Subianto has reached a deal with Freeport-McMoRan as part of Indonesia’s broader negotiations to reduce punitive tariffs imposed by the United States under President Donald Trump. The agreement requires Freeport to divest additional shares in PT Freeport Indonesia (PTFI), which operates major mining assets in Papua, in exchange for an extension of its mining concession to the end of the mine’s life cycle. While the deal strengthens US access to critical minerals, it has drawn criticism for the limited involvement of indigenous Papuans.
Companies 3 months ago
PREMIUM
Freeport vows no layoffs at Gresik smelter amid supply shock
The gold and copper mining giant says it is retaining all permanent employees at its Gresik smelter, which has been impacted by the September mudslide at its underground mine in Mimika, Papua, and is not expected to resume operations until March next year.
Companies 4 months ago
PREMIUM
Energy ministry clears Freeport to restart operations after landslide
The Energy and Mineral Resources Ministry has approved the reopening of the Deep Mill Level Zone (DMLZ) and Big Gossan mines, both of which had been shut down as part of a broader halt following a deadly accident at the Grasberg mining site in September.
Companies 4 months ago
PREMIUM
Freeport asks to restart operations at unaffected Papua mines
PT Freeport Indonesia (PTFI) is seeking government approval to resume operations at sections of its massive mining complex in Tembagapura, Central Papua, that were not impacted by a major landslide in September.
Companies 5 months ago
PREMIUM
Freeport halts Gresik smelter in Grasberg mudslide aftermath
The mining giant has confirmed that smelting activity at its Gresik facility has been suspended for over a month after the copper concentrate supply was disrupted due to the operational shutdown at its Grasberg mine following the mudslide incident in September, which killed seven workers.
Companies 5 months ago
PREMIUM
Freeport recovers five more bodies, ending rescue efforts at Grasberg mine
The mining giant recovered on Sunday the bodies of five remaining workers who went missing on Sept. 8, bringing an end to a nearly monthlong search and rescue effort for seven total workers, all confirmed deceased.
