Freeport Indonesia

Grasberg is currently only producing at around 40% to 50% of capacity, the statement says.

Energy & Commodities

Freeport Indonesia pushes back Grasberg copper restart by a year

Prices for the metal have surged to a record in January on a wave of speculative buying

Grasberg is the world’s second-largest copper mine and accounted for 3% of the world’s mined copper before the September mudslide.

Asean Business

Freeport says it’s on track to restart Indonesia copper mine after deadly mudslide

The company has already restarted two unaffected areas of the mine since the incident in September

An agreement to increase the 51 per cent stake in one of the world’s largest copper mines is close to concluding, but the shares would not be free, Danantara CIO Pandu Sjahrir said.

Asean Business

Danantara says Freeport stake will have a cost

Indonesia already holds a majority stake in Freeport, but officials signal Jakarta may seek more shares, possibly without payment.

Freeport had sought the export permit after a fire at a gas cleaning unit last October forced a halt in copper cathode production at a new smelter in Gresik in East Java.

Energy & Commodities

Indonesia extends Freeport Indonesia's copper export permit for six months

[JAKARTA] Indonesia has agreed to issue a copper export permit extension to miner Freeport Indonesia for the next six months, the energy minister said on Monday (Mar 17).

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