Freeport Increases Copper Smelter Capacity

The endeavor to downstream local mineral resources received a significant boost with the inauguration of PT Smelting's expansion, enabling the smelter to achieve an annual production capacity of 350,000 tons of copper cathode.

Stepanus I Nyoman A. Wahyudi

14 Des 2023 - 18.15
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Freeport Increases Copper Smelter Capacity

President Joko Widodo rang the bell during the inauguration of PT Smelting's expansion in Gresik Regency, East Java, Thursday (14/12/2023). The President hopes that downstream copper products can reach 3 million tons per year. Photo/JIBI/Presidential Secretariat Youtube capture

Bisnis, JAKARTA — The endeavor to downstream local mineral resources received a significant boost with the inauguration of PT Smelting's expansion, enabling the smelter to achieve an annual production capacity of 350,000 tons of copper cathode.

PT Freeport Indonesia Vice President of Corporate Communication Katri Krisnati mentioned that the inauguration of the PT Smelting smelter's expansion would be carried out directly by President Joko Widodo today.

With this expansion, Krisnati stated that the processing capacity for copper concentrate would rise from 1 million tons to 1.3 million tons annually, requiring an investment of $250 million or approximately IDR 3.7 trillion.

She clarified that the Smelting expansion constituted a facet of the downstream procedures conducted by the company, aligning with its special mining business permit (IUPK).

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Aprilian Hermawan
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Freeport Increases Copper Smelter Capacity

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