Freeport seeks to expand old smelter as energy ministry stands ground for new one


PT Freeport Indonesia plans to expand its existing copper smelter as the company tries to distance itself from a new smelter project that is still encouraged by the authority. Freeport Indonesia signed on Nov. 13 a deal with Japanese metal manufacturer Mitsubishi Materials Corporation to expand their joint venture PT Smelting Gresik, which runs a copper smelter in Gresik, East Java. The two companies plan to raise the smelter’s annual production capacity from 1 million tons to 1.3 million tons with the expansion set to be completed in 2023.


November 20 2020, The Jakarta Post - Read 11 times

 
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