KONTAN.CO.ID-JAKARTA. PT Freeport Indonesia (PTFI) intends to apply for a relaxation of copper concentrate exports as the export permit ends in May 2024. EVP Corporate Communications of PTFI, Agung Laksamana, revealed that the export permit extension is needed because there is a potential for unabsorbed copper concentrate. "PTFI's copper smelter at the Java Integrated Industrial and Ports Estate (JIIPE), Gresik, will only start operating at the end of May 2024, and will only reach full capacity (ramp-up) in December 2024," Agung told Kontan, on Friday (23/12).
Freeport Indonesia Seeks More Concentrate Exports Until Smelter Optimization
KONTAN.CO.ID-JAKARTA. PT Freeport Indonesia (PTFI) intends to apply for a relaxation of copper concentrate exports as the export permit ends in May 2024. EVP Corporate Communications of PTFI, Agung Laksamana, revealed that the export permit extension is needed because there is a potential for unabsorbed copper concentrate. "PTFI's copper smelter at the Java Integrated Industrial and Ports Estate (JIIPE), Gresik, will only start operating at the end of May 2024, and will only reach full capacity (ramp-up) in December 2024," Agung told Kontan, on Friday (23/12).