Freeport Indonesia has completed the construction work on its new copper smelting plant – the world’s largest single-line smelter, it said – and has commenced commissioning of the Gresik, East Java facility. The Smelter Manyar project, with a price tag of about $3.7 billion (Rp 60 trillion), is targeting copper cathose production in the coming months as it ramps up…
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Freeport Indonesia raises output target
Freeport Indonesia has raised its output guidance to 3.78 million metric tons for the year as it awaits an extension of its copper concentrate export permit, reported Reuters. Deputy CEO Jenpino Ngabdi said the output target was lifted assuming the permit extension is approved, which the government has promised. The miner also raised its 2024 refined copper output target to…
Read MoreGrasberg brings in Fluor for pit-to-underground transition
A joint venture headed up by engineering firm Fluor has been contracted to build and install a grinding mill at the PT Freeport Indonesia’s Grasberg copper and gold complex in Papua, Indonesia.
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