Help Desk -
9717405332, 9599714297, 9810335381

PT Freeport not received new copper export permit – Report

Metal News - Published on Wed, 20 Feb 2019

Image Source:
Reuters reported that PT Freeport Indonesia’s copper concentrate export permit expired on Feb. 15, and the company has not received export recommendations from the mining ministry that will help it to obtain a new permit.

Company spokesman Riza Pratama said that the unit of Freeport McMoRan for the time being is shipping part of its production to its smelter in East Java. But he declined to disclose the new export quota it proposed to the government.

Indonesia forecast copper concentrate exports to drop to 200,000 tonnes in 2019 from about 1.2 million tonnes last year.

Source :

Posted By : Rabi Wangkhem on Wed, 20 Feb 2019
Related News from Metal segment