JAKARTA - President Director of PT Freeport Indonesia, Tony Wenas, revealed that his party is still waiting for an evaluation from the government regarding the continuation of the copper concentrate export license. Just so you know, the government only gave export permits until September 16, 2025.
The granting of this export permit follows a smelter fire that occurred some time ago and a smelter that is not yet operating at full capacity.
"It will be evaluated by the government, so according to the Ministerial Decree, it will be evaluated when it ends. That's what we are waiting for the results of the evaluation from the government," Tony told the media crew when met at Tribrata Darmawangsa, Wednesday, August 27.
According to him, the government's ongoing evaluation will take a lot of time. On the other hand, ramp ups or increase in smelter production capacity are still being carried out according to the curves planned by Freeport.
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"That starts with 40 percent, 50 percent, 60 percent, now approaching 70 percent.
He further added that the Sulawesi Asam Factory, which previously experienced a fire in October 2024, had started operating and produced a copper cathode of 5,500 tons, gold of 12.5 tons, silver of more than 20 tons.
"And it is hoped that by the end of this year around 600,000 tons of concentrate will be purified in the new smelter," he said.
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