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Permit Extension for Freeport’s Shares

Monday, November 27, 2023

The Indonesian government promises to extend Freeport’s permit if the company releases more shares. A premature extension of the permit would violate regulation.

arsip tempo : 177351585321.

Trucks operate in the open-pit mine of Freeport’s Grasberg copper and gold mine complex near Timika, in the eastern region of Papua, September 19, 2015. Reuters/Muhammad Adimaja/Antara Foto. tempo : 177351585321.

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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Retno Sulistyowati

Smelter Erick Thohir Jokowi MIND ID Freeport Indonesia Permit West Papua Freeport
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