Transport and Logistics Network
Jakarta. The Indonesian government will let Freeport sell copper concentrates overseas again despite its expired export permit, but the mining giant has to pay more in taxes, according to a minister.
Indonesia has banned exports of copper concentrates …
he government will slap a higher export tax on future copper shipments by PT Freeport Indonesia (PTFI) after a fire late last year halted operations at its new smelter in Gresik, East Java, Energy and Mineral Resources Minister Bahlil Lahadalia said …
Freeport Indonesia, the country’s largest copper miner, has formally requested the Indonesian government to relax its copper export ban and permit the shipment of 1.3 million metric tons of copper concentrate until December. The request, valued at appr…
T Freeport Indonesia president director Tony Wenas has said his company is ready to export 1.3 million tonnes of copper concentrate worth an estimated US$5 billion this year.
Tony said on Tuesday that the gold and copper miner was still waiting for …
Play(1min)
SimoneN/iStock via Getty Images
Freeport McMoRan (NYSE:FCX[1]) has requested that Indonesia’s government relax its copper export ban[2] and allow the company to export 1.3M metric tons of copper concentrate worth ~$5B until…