Jakarta approves Freeport Indonesia's mining quota for 2024-2026

JAKARTA: Indonesia has approved a mining quota for copper miner Freeport Indonesia totalling 219.8 million metric tonnes of copper ore for the next three years, a mining ministry official said on Tuesday (Jan 16).

Indonesia last year changed mining production plans from annual to valid for three years in an effort to improve efficiency in quota approvals, although miners are allowed to seek revisions to their production plans once a year.

Uh-oh! Daily quota reached.


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