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copper

Workers strike at world's biggest copper mine in Chile
Companies 1 year ago

Workers strike at world's biggest copper mine in Chile

Workers at the world's largest copper mine in Chile are striking after pay talks with Australian resources giant BHP fell apart, casting a shadow of uncertainty Wednesday over the market for the commodity.
Amman eyes imported copper concentrates for processing
Companies 1 year ago

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Amman eyes imported copper concentrates for processing

The company is also considering the possibility of processing copper concentrate from other local mining companies to meet the country’s downstream mandate.
Salim Group set to acquire major copper mine in Australia
Companies 1 year ago

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Salim Group set to acquire major copper mine in Australia

Salim Group also has a stake in Amman Mineral Internasional, the operator of Batu Hijau, the second-biggest copper and gold mine in Indonesia.
Freeport completes US$3.7 billion copper smelter
Companies 1 year ago

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Freeport completes US$3.7 billion copper smelter

The facility will increase the company’s processing capacity to 3 million tonnes of copper concentrate per year from the previous annual rate of 1 million tonnes.
Copper, jewelry buoy RI exports amid weakness in coal, CPO
Economy 1 year ago

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Copper, jewelry buoy RI exports amid weakness in coal, CPO

Indonesia’s trade surplus rose in May as the country’s exports continued to exceed imports, yet the cumulative figure for the first five months of 2024 is below what it was in the same period last year.
Freeport Indonesia warns of 20% revenue drop unless govt lifts export curb
Companies 1 year ago

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Freeport Indonesia warns of 20% revenue drop unless govt lifts export curb

Copper miners are waiting for another relaxation of export curbs until the end of this year, with the previous one ending in May.
Freeport could face $502m fine for smelter delay, BPK says
Companies 2 years ago

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Freeport could face $502m fine for smelter delay, BPK says

PT Freeport Indonesia (PTFI) may have to pay a US$501.94 million penalty for delays in the construction of its copper smelter, according to the Supreme Audit Agency (BPK).
Trade Ministry ready to support Freeport in second smelter project
Companies 2 years ago

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Trade Ministry ready to support Freeport in second smelter project

The Trade Ministry is ready to support the operation of Freeport’s second smelter in Gresik for copper production and support the national downstream program.
Copper miner Amman's revenue slumped because of copper export permit delay
Companies 2 years ago

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Copper miner Amman's revenue slumped because of copper export permit delay

Copper and gold miner Amman Mineral saw its revenue slump in the first half of the year because of delays in receiving mineral export permits from the government, along with other reasons.
Executive Column: Freeport seeks legal certainty to continue operations
Executive Column 2 years ago

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Executive Column: Freeport seeks legal certainty to continue operations

Freeport Indonesia CEO and Kadin vice president of investment Tony Wenas said regulatory stability and continuity beyond next year's general election was important for investors across the country.
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