Freeport Indonesia secures copper export permit and plans to contest new export duty

JAKARTA (Reuters): Mining giant Freeport has obtained a license to ship copper concentrate from its Indonesian operation until May 2024, but may contest new government rules on export duties.

Exempted from the country's ban on raw mineral exports, Freeport Indonesia was granted an export license on July 24 for 1.7 million metric tons of copper concentrate, the company said in a US SEC filing on Thursday.

Uh-oh! Daily quota reached.


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Freeport Indonesia , Copper Mining , Export Permit

   

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