Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsThe government has once again granted PT Freeport Indonesia (PTFI) an exemption to export copper concentrate, an unexpected decision that appears to contradict its own downstreaming policy to transition the country from raw material exports to processed goods. Included in this policy is an export ban on copper concentrate and ores, and Freeport previously received a temporary exemption from this ban while building its copper smelter in Gresik, East Java. The facility was completed in March 2024 however, and many are now questioning whether Freeport’s export privilege is to continue indefinitely.
The US mining giant says it expects to soon get final export approval for local subsidiary Freeport Indonesia, after a fire last October prompted the company to close operations and file an extension request.
Mikko Keto, CEO of mining and cement technology and service supplier FLSmidth, speaks to The Jakarta Post’s Divya Karyza about the company’s views on regulatory and industry challenges and what to expect in the coming years.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.