KONTAN.CO.ID - JAKARTA. Freeport-McMoRan Inc will sign a $2.8 billion deal with China's Tsingshan Holding Group on March 31 to build a copper smelter in Indonesia's Weda Bay, senior minister Luhut Panjaitan said on Wednesday. The smelter will have an input capacity of 2.4 million tonnes of copper concentrate and an output capacity of 600,000 tonnes, a slide presented by Luhut at a live broadcast on CNBC Indonesia showed. "This will be part of the lithium battery production that we plan to do in 2023," he added.
Freeport, Tsingshan finalising $2.8 bln copper smelter next week- minister
KONTAN.CO.ID - JAKARTA. Freeport-McMoRan Inc will sign a $2.8 billion deal with China's Tsingshan Holding Group on March 31 to build a copper smelter in Indonesia's Weda Bay, senior minister Luhut Panjaitan said on Wednesday. The smelter will have an input capacity of 2.4 million tonnes of copper concentrate and an output capacity of 600,000 tonnes, a slide presented by Luhut at a live broadcast on CNBC Indonesia showed. "This will be part of the lithium battery production that we plan to do in 2023," he added.