Friday, June 14, 2024

PT Freeport Indonesia’s copper smelter set to operate in June 2024

Reading Time: 2 minutes
Journalist IBP




PT Freeport Indonesia (PTFI) President Director Tony Wenas has confirmed that the copper smelter in the Java Integrated Industrial Port Estate (JIIPE) area in Gresik, East Java, is on track to start operations by June 2024.

“We are currently in the commissioning phase, which involves testing, trials, and verifying that the equipment and systems designed, installed, and operated meet substantial standards. We expect to be operational by June,” Tony said during his visit to the Manyar copper smelter in Gresik to monitor the project’s progress on Monday, May 27, 2024.

He emphasized that the smelter’s construction is part of the company’s commitment to adding value to minerals produced and supporting the government’s industrial downstreaming policy.

The second PTFI smelter, which began construction in October 2021, is designed to purify copper concentrate with a capacity of 1.7 million tons per year, making it the largest single-line copper smelter in the world.

The smelter includes facilities such as a precious metals refining unit, an oxygen unit, a sulfuric acid unit, a desalination unit, and an effluent and wastewater treatment plant.

These are intended to maximize the utilization of raw materials, by-products, and waste, achieving high efficiency in the smelting and refining process.

Currently, 60 percent of PTFI’s copper concentrate production is exported, with the remaining 40 percent refined domestically through PT Smelting in Gresik, East Java, to produce copper cathodes.

However, the anode slime containing gold and silver is still exported. Once the second smelter becomes operational, the purification of anode slime will be fully conducted domestically.

“Completing the world’s largest single-line copper smelter comes with many challenges. However, our project team, contractors, and subcontractors have performed admirably, supported by the central and local governments to ensure timely project completion,” Tony said.

He disclosed in March 2024 that the smelter would begin production in August 2024 but would not be fully operational until December 2024.

“We need to ensure all systems are functioning properly after the production machines are activated. This process will take about 6-10 weeks, so the first copper cathodes will be produced in August 2024,” he said at that time.

Tony also highlighted that constructing the Gresik smelter within the government’s five-year timeline posed a significant challenge for the company’s domestic investment plans.

Freeport has invested up to US$3.1 billion (Rp48 trillion) by the end of December 2023.

“Due to the Covid-19 pandemic, the construction timeline extended to six years. The schedule is tight and very aggressive, but we are confident in completing the smelter on time,” he concluded.

Journalist IBP






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


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.


$550 USD/Year


$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email

Add keywords to your market watch and receive notification:
Schedule a free consultation with us:

We’ll contact you for confirmation.


PT Perusahaan Listrik Negara (PLN), Indonesia’s state-owned electricity company, has announced plans to construct three new wind power plants (PLTB) − PLTB Timor, PLTB Tanah Laut, and PLTB Sulbagsel − by 2027 with a combined capacity of 152 MW.
Bali will introduce a Light Rail Transit (LRT) system following the completion of the feasibility study for the project. The initial phase of the LRT will feature a track stretching from Ngurah Rai Airport to the Sunset Road area.
SKK Migas reveals that China has expressed interest in utilizing Enhanced Oil Recovery (EOR) technology to rejuvenate Indonesia’s aging oil fields, potentially boosting production and reserves significantly.
Minister Sakti Wahyu Trenggono, says Indonesia’s vast marine biodiversity remains largely unmapped and underexplored, missing out on significant opportunities for marine biopharmacology.
President Jokowi announced a major boost in foreign investment for the Nusantara Capital City (IKN), following his recent visit to oversee groundbreaking projects and inaugurate key infrastructure in the country’s new capital city.
A number of MoU with a total investment of Rp862 billion (US$53 million) were signed at the 2024 International Tourism Investment Forum (ITIF) regarding a number of tourism infrastructure projects with a number of companies.