How Freeport’s Smelter Construction Delay Escapes Fines

The State Audit Agency discovers problems in Freeport Indonesia’s smelter project. The company manages to avoid paying late fines.

Khairul Anam

December 18, 2023

STATE-OWNED Enterprises (SOEs) Minister Erick Thohir caught the right moment to ask about the completion of Freeport Indonesia’s construction of a mineral smelter in Gresik, East Java. Speaking at the inauguration ceremony of Smelting’s factory expansion, which is also located in Gresik, on December 14, Erick made a quip at Freeport-McMoRan Chairman Richard Adkerson, who flew there from the United States.

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