Freeport-McMoRan begins operations at new Indonesia copper smelter

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Freeport-McMoRan begins operations at new Indonesia copper smelter
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Freeport-McMoRan announced Tuesday that its Indonesian subsidiary, PT Freeport Indonesia , has completed construction of its new Manyar smelter in Gresik, and has commenced commissioning operations.

The miner also announced that on July 2, PT-FI received approval from the Indonesian government to export copper concentrates and anode slimes through December 2024 when the full ramp-up of the new processing facilities is expected. PT-FI will continue to pay export duties on copper concentrates during the smelter ramp-up period pursuant to Indonesian regulations, it said.

“We are pleased to announce this important milestone for our new smelter in Indonesia,” Chairman Richard C. Adkerson CEO and Kathleen L. Quirk “Our team executed this large and complex project extremely well and is prepared to deliver the ramp-up to full production safely and efficiently. The completion of the project positions PT-FI as a fully integrated producer in Indonesia, providing a foundation to extend its long-term operating rights.

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