Ministry Of Energy And Mineral Resources Signals To Open Copper Concentrat Export Faucet For Freeport

JAKARTA - The Ministry of Energy and Mineral Resources (ESDM) through the Director General of Mineral and Coal (Minerba) Tri Winarno gave a signal that he would open the tap for exporting copper concentrates for PT Freeport Indonesia (PTFI).

Tri said that his party supported the export of a copper concentrate after the investigation into the fire incident in a smelter in Gresik was completed.

"Supporting. Supporting but terms and conditions apply," Tri told the media crew at the Ministry of Energy and Mineral Resources Building, Friday, February 14.

Tri said the investigation into the fire incident had been completed and no element of intent was found.

"There is no intentional element. If for example on purpose, his insurance is not disbursed. That's insured," continued Tri.

On the other hand, Tri said, currently PTFI's warehouse or stockpile is full because there are no copper concentrate export activities that also have an impact on reducing production by 40 percent.

"If the stockpile is full, automatically production will decrease," said Tri.