Tuesday, May 21, 2024

Freeport’s smelter project, a catalyst for economic growth, resource development

Reading Time: < 1 minute
Audina Nur

Journalist

Editor

Interview

The upcoming inauguration of PT Freeport Indonesia’s new copper smelter in Java Integrated Industrial and Ports Estate (JIIPE), Manyar, Gresik regency, East Java, represents a pivotal moment in Indonesia’s mining sector. Scheduled to commence its first production in August 2024, this state-of-the-art smelter is poised to unlock a new chapter of economic growth and resource development in the region.

The construction progress of the Manyar smelter, which is currently on track for completion by the end of May 2024, underscores Freeport Indonesia’s commitment to advancing sustainable mining practices and fostering local economic development. Despite the complex technical testing and commissioning phases required before full-scale production can commence, the imminent launch of the Manyar smelter heralds a new era of value creation and industrial innovation.

Moreover, the strategic significance of Freeport Indonesia’s smelter project extends beyond its immediate economic impact, as it serves as a catalyst for broader infrastructure development and capacity-building initiatives in the region. By leveraging advanced technologies and best practices, Freeport Indonesia aims to establish the Manyar smelter as a benchmark for excellence in the global mining industry, driving sustainable growth and prosperity for local communities.

Looking ahead, Freeport Indonesia remains committed to fostering collaborative partnerships with government stakeholders and local communities to ensure the responsible and sustainable development of its mining operations. By prioritizing environmental stewardship, community engagement, and technological innovation, Freeport Indonesia is poised to set new standards of excellence in the mining sector while contributing to Indonesia’s long-term economic resilience and prosperity.

Audina Nur

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
No topics
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

Indonesian President Joko “Jokowi” Widodo told the opening of the 10th World Water Forum Summit in Bali on Monday, May 20, 2024, of the important role of water in human life.
Indonesian Minister of Home Affairs, Muhammad Tito Karnavian, emphasizes three key points at the 10th Ministerial Meeting of the World Water Forum held at the Bali Nusa Dua Convention Center (BNDCC) on Monday, May 20, 2024.
The Indonesian government will likely allow PT Freeport Indonesia to export its copper concentrates, but impose export duty if its smelter is not completed after the May 2024 deadline.
Indonesian Minister of Defense Prabowo Subianto met with Governor General of the Commonwealth of Australia, David Hurley, at the residence of the Australian Ambassador to Indonesia on Friday, May 17, 2024, discussing bilateral military cadets exchange program.
Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan has emphasized that the Global Blended Finance Alliance (GBFA) is the basis for transformative change and future knowledge to accelerate value creation and investment in key economic sectors such as energy, forests, blue economy, one of which is through the Just Energy Transition Partnership (JETP) scheme.
Coordinating Minister for Maritime Affaits and Investment, Luhut B. Pandjaitan, welcame CEO of SpaceX and Tesla Inc, Elon Musk, who arrived on Sunday, May 19, 2024, to attend the 10th World Water Forum and the launch of Starlink with Indonesian President at a health center in Denpasar, Bali.