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View all search resultsfreeport-indonesia
Companies 4 months ago
PREMIUM
Freeport Indonesia pushes back full copper mine restart
The already constrained global copper market is likely to worsen on the miner's decision to postpone resuming full operations at the Grasberg mine by a year, primarily because its key underground mine is yet to recover from last September's fatal landslide, according to its president director.
Opinion 6 months 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 9 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.
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