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