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Search result with “Freeports” as a keyword founded 19 news.
Defense Firm Executive Cipung Noer, Freeport’s Tony Wenas Named DSI Commissioners
Jakarta. Danantara Sumberdaya Indonesia (DSI), the export unit under the sovereign wealth fund, has introduced defense businessman Syaifurrahman “Cipung” Noer as its president commissioner. In his debut presser on Monday, DSI’s Australian-born boss Luke ...Business Aug 24, 2026 | 8:07 pm
Indonesia Extends Freeport Mining Permit to 2041 and Mine Life
Washington. The Indonesian government has extended the special mining business permit of Freeport Indonesia (PTFI) through 2041 and for the remaining life of the mine, following the signing of a memorandum of understanding witnessed by President Prabowo ...Business Feb 19, 2026 | 10:14 pm
Freeport Output Plunges After Mudslide, No Layoffs Reported
Jakarta. Freeport Indonesia has temporarily halted operations at its new copper smelter in the Java Integrated and Industrial Estate (JIIPE) in Gresik, East Java, following a disruption in concentrate supply from its Papua mine. The company says no ...Business Dec 10, 2025 | 5:07 pm
Indonesia Reviews Partial Restart of Freeport Mining Areas
Jakarta. Indonesia is reviewing whether Freeport Indonesia may resume operations at mining areas unaffected by the September 2025 landslide, Energy and Mineral Resources Minister Bahlil Lahadalia said Monday, as the government seeks to limit the economic ...Business Nov 10, 2025 | 8:54 pm
Freeport Rescue in Papua Enters Day 17 With Five Workers Still Missing
Mimika, Papua. Rescue operations entered their 17th day on Thursday at Freeport Indonesia’s (PTFI) Grasberg Block Cave underground mine in Mimika, Central Papua, where five workers remain trapped following a deadly mudslide incident. Freeport’s Vice ...News Sep 25, 2025 | 10:00 am
Freeport Output Plunges to 30% After Deadly Papua Mine Collapse, Govt Estimates
Badung. Freeport Indonesia’s copper and gold output has fallen to just 30 percent of capacity after a deadly underground landslide forced the suspension of all underground mining operations, according to estimates from the Energy and Mineral Resources ...Business Sep 22, 2025 | 6:11 pm
A Week On, Freeport Still Racing to Rescue Seven Trapped Miners in Papua
Jakarta. Rescuers are racing to save seven workers trapped underground after a landslide struck Freeport Indonesia’s (PTFI) Grasberg Block Cave mine in Central Papua on Aug. 8, with efforts hampered by unstable mud and collapsed tunnels. “I am deeply ...News Sep 15, 2025 | 4:55 pm
Freeport Rescue Teams Battle Mud to Reach Trapped Workers on Third Day
Jakarta. Rescue teams at Freeport Indonesia’s Grasberg mine in Papua are scrambling to reach seven workers trapped underground after a torrent of mud flooded the Grasberg Block Cave (GBC) tunnels earlier this week. The Tembagapura police said on Thursday ...News Sep 11, 2025 | 1:36 pm
Landslide Traps Seven Workers at Freeport’s Grasberg Underground Mine
Timika, Papua. A landslide struck the Grasberg Block Cave (GBC) underground mining site operated by Freeport Indonesia (PTFI) late Monday, trapping seven employees inside the facility. The incident occurred at around 11:21 p.m. local time, according to ...News Sep 9, 2025 | 1:59 pm
Prabowo Claims Freeport's Integrated Gold Refinery is the World's Largest
Gresik. President Prabowo Subianto on Monday inaugurated a state-of-the-art precious metal refinery operated by mining giant Freeport Indonesia in Gresik, East Java. With an annual production capacity of up to 50 tons of fine gold, Prabowo declared the ...Business Mar 17, 2025 | 5:17 pm
President Prabowo to Inaugurate Freeport’s Fine Gold Refinery in Gresik
Jakarta. President Prabowo Subianto is set to inaugurate Freeport Indonesia’s (PTFI) precious metal refinery smelter in Gresik, East Java, on Monday. The facility, which recently began operations, produced its first fine gold bars with 99.99 percent ...Business Mar 17, 2025 | 10:00 am
Prabowo to Lead Discussions on Freeport’s Copper Export Amid Smelter Delays
Jakarta. The government will soon discuss extending Freeport Indonesia's (PTFI) copper concentrate export permit, which expired on Jan. 1, 2025. According to Energy and Mineral Resources Minister Bahlil Lahadalia, the meeting will involve President ...Business Jan 4, 2025 | 11:45 am
Energy Minister Bahlil Rejects Freeport’s Copper Concentrate Export Request
Jakarta. Energy and Mineral Resources Minister Bahlil Lahadalia has firmly rejected mining giant Freeport Indonesia’s request to export copper concentrates, citing "national interests." In an exclusive interview with BTV on Wednesday, Bahlil criticized ...Business Dec 19, 2024 | 6:58 pm
Freeport’s Gresik Smelter to Create Multiplier Effect for E. Java
Surabaya. Mining giant Freeport Indonesia’s new smelter in Gresik is expected to create a multiplier effect for East Java’s economy. The company has invested approximately $3.1 billion to construct this smelter as of end-2023. Its construction process has ...Business Jun 21, 2024 | 8:24 pm
Freeport’s Smelter in Gresik Can Produce Enough Copper Cathode to Build 8,000 A380 Planes
Surabaya. The new copper smelter belonging to copper and gold miner Freeport Indonesia in Gresik, East Java, will have a capacity of 1 million tons of copper cathode a year, the company’s CEO said on Friday. The amount is enough to build 8,000 Airbus A380 ...Business Jun 21, 2024 | 6:05 pm
Freeport's $3.7 Billion Smelter in Gresik Set for Inauguration Next Week
Surabaya. Freeport Indonesia's $3.7 billion (Rp 60 trillion) smelter in Gresik, East Java, will be inaugurated next week. Tony Wenas, President Director of PT Freeport Indonesia, announced during the Investor Daily Roundtable 2024 at Hotel Morazen ...Business Jun 21, 2024 | 3:58 pm
Freeport’s Gresik Smelter to Run at Full Capacity by End-2024
Jakarta. Mining giant Freeport Indonesia has said that the company remained on track to its goal of building a copper smelter in Gresik, East Java. Despite Indonesia inching closer to the elections, Freeport Indonesia vowed to keep its mind on completing ...Business Oct 25, 2023 | 7:05 pm
Gov’t Mulls Extending Freeport’s Permit for Additional Stake
Jakarta. The Indonesian government is in talks to extend Freeport’s permit as long as the mining giant agrees to give an additional 10 percent stake. Freeport’s mining permit expires in 2041, and the government today has a 51 percent stake in the company. ...Business Apr 30, 2023 | 7:21 pm
Freeport's Manyar Smelter to Pave Way for Indonesia’s EV Ecosystem
Jakarta. Mining giant Freeport Indonesia recently said that its smelter for copper -- a critical component for electric vehicle or EV production -- at the Java Integrated Industrial and Port Estate in Gresik would finish construction by the end of this ...Business Jan 27, 2023 | 1:39 pm
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