#Industry
Inpex reveals financial scheme for Masela Block
Inpex Masela Ltd. is planning to utilize a trustee borrowing scheme (TBS) as part of the financing strategy for the Abadi LNG project in the Masela Block, which is aiming for onstream operations by the end of 2029.
Freeport Indonesia smelter progress reaches 27%
PT Freeport Indonesia (PTFI) has achieved 27% progress in developing its copper smelter in Gresik, East Java, as of March 2022. The smelter is Freeport's second smelter in Gresik following the government's requirement of special mining permit (IUPK) to enable the company operate in Indonesia until 2041.