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Through its subsidiary, PT-FI, FCX mines one of the world's largest copper and gold deposits in the Grasberg minerals district in Papua, Indonesia. In addition to copper and gold, PT-FI produces silver.
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Indonesia's main currently operating copper mines are the massive Grasberg complex and Batu Hijau. Potential future mines include Kucing Liar (Grasberg), Elang, Tujuh Bukit, Hu'u and Beutong. Supply from the Grasberg complex …
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Freeport last week launched its $3.7 billion copper smelter in Gresik, East Java, which has a total input capacity if 1.7 million metric tons, but the company said it will only reach full capacity ...
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The feedstock for Manyar will come from Freeport's Grasberg mine in Indonesia, the world's second largest active copper mine. Grasberg produces 688,400 tons copper or roughly 4% of global ...
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Copper concentrate exports from Freeport-McMoRan's unit in Indonesia will ease global shortages, but probably only briefly and if the Indonesian government allows them, …
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Initial 9.2 year mine life producing up to 20ktpa of copper cathode per annum; Life of Mine ('LOM') Revenue of $1.4 billion and EBITDA of $655.3 million; ... Engineering services review – review options to execute additional …
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The following are the five largest copper mines by production in Indonesia in 2023, according to GlobalData's mining database, which tracks more than 33,000 mines and projects from early exploration to closure across more than 150 countries and over 100 commodities.
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Here are the five largest copper mines by production in Indonesia, according to GlobalData's mining database.
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Both companies are located on Wetar Island, Southwest Maluku, and have been part of PT Merdeka Copper Gold Tbk since 2018. As part of the Merdeka group that is committed to sustainable mining, BKP-BTR applies an efficient leaching method to extract copper content from the ore that is mined.
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In 2023, the production of copper mines in Indonesia was estimated at around 840 thousand metric tons.
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PT Freeport Indonesia (PT-FI) commenced mining operations in 1972 and in 1988 discovered the Grasberg mine. Today, after significant production, the Grasberg mining district contains one …
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The five largest copper mines, i.e., Grasberg Block Cave Mine, Deep Mill Level Zone Mine, Batu Hijau Mine, Wetar Copper Project, and Deep Ore Zone Underground Mine, cumulatively produced approximately 698.2 thousand tonnes of copper, 61.19 mmtpa of ROM in 2021.
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September 5, 2023 - Mark July 8 on your calendar as the day PT Freeport Indonesia shattered yet another world mining record, as Grasberg Block Cave became the first single block cave mine to produce 150,000 tons of copper ore in one day.
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Indonesia remains one of the largest producers globally of metallic commodities such as gold, copper, nickel and cobalt. In 2023, it maintained its rank as the top-producing …
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For years it has been one of the most productive mines in the world, with massive reserves of gold and copper. Situated high in the rugged Sudirman Mountains near two rare equatorial mountain...
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The mining of the final phase of the Grasberg open pit was completed in Q4 2019 and the mine transitioned from open-pit mining to large-scale underground mining. Grasberg Block Cave is estimated to contain proven and probable reserves of 275.2 billion ounces of copper and 14.2Moz of gold as of December 2019.
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September 5, 2023 - Mark July 8 on your calendar as the day PT Freeport Indonesia shattered yet another world mining record, as Grasberg Block Cave became the first single block cave mine to produce 150,000 tons of copper ore …
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Freeport Indonesia said last week its copper output in 2023 is seen at about 1.6 billion pounds (725,748 tonnes). (By Bernadette Christina, Gayatri Suroyo, Kate Lamb, Ananda Teresia and Stanley ...
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Indonesia remains one of the largest producers globally of metallic commodities such as gold, copper, nickel and cobalt. In 2023, it maintained its rank as the top-producing country of mined nickel, accounting for more than half of global production.
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PT Freeport Indonesia (PTFI) announced that it produces 1 million tons of the world-class quality copper annually. ... PT Freeport Indonesia has become the world's largest copper mine operator and now manages a smelter with …
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Asiamet's 'flagship' project, the BKM Copper Project ("BKM") sits within the eastern area of the Kalimantan Surya Kencana ('KSK') Contract of Work ("CoW"). The KSK CoW is wholly-owned by Asiamet and is located northwest of Palangkaraya, the regional capital of Central Kalimantan.
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A fire at PT Freeport Indonesia's (PTFI) $3.7 billion Manyar smelter halted operations in October. PTFI is owned by Freeport and state-owned Indonesian company MIND ID, with stakes of 48.8% and ...
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PT-FI will continue to pay export duties on copper concentrates during the smelter ramp-up period pursuant to Indonesian regulations, it said. PT-FI's prior concentrate and anode slime export licenses expired on May 31, 2024, and PT-FI did not export copper concentrates or anode slimes during June 2024.
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Asiamet's 'flagship' project, the BKM Copper Project ("BKM") sits within the eastern area of the Kalimantan Surya Kencana ('KSK') Contract of Work ("CoW"). The KSK CoW is wholly-owned by Asiamet and is located northwest of …
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The Batu Hijau open-pit Copper-Gold mine is located on the Sumbawa Island in Indonesia. It is owned by PT Newmont, a subsidiary of Newmont (45%), Nusa Tenggara Mining Corp. (35%), PT Pukuafu Indah ...
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The Tujuh Bukit copper project is an open-pit copper mine being developed in the East Java province of Indonesia. It is considered to be one of the world's largest undeveloped copper and gold projects. Merdeka Copper Gold, an Indonesia-based metal and mining company, is developing the project through its wholly owned subsidiary Bumi Suksesindo.
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Indonesia's copper export ban was originally set to enter into force in June 2023, but the government allowed Freeport and Amman more time to comply to help them fund smelter construction.
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Both companies are located on Wetar Island, Southwest Maluku, and have been part of PT Merdeka Copper Gold Tbk since 2018. As part of the Merdeka group that is committed to …
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