Permit Extension for Freeport’s Shares
The Indonesian government promises to extend Freeport’s permit if the company releases more shares. A premature extension of the permit would violate regulation.
Retno Sulistyowati
November 27, 2023
THE economy of the Fakfak Regency, West Papua, will be at full speed over the next few years. This region will no longer rely on agriculture and fisheries as several major companies will be operating there. The government has named Fakfak as a center for the fertilizer industry and the location for a mineral smelter to be built by Freeport Indonesia.
The construction of a fertilizer industry center began on Thursday, November 23, when President
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