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Freeport warns copper export ban could cost Indonesia US$2 billion in lost revenue

Freeport warns copper export ban could cost Indonesia US$2 billion in lost revenue
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Freeport warns copper export ban could cost Indonesia $2 billion in lost revenue

JAKARTA : Copper miner Freeport Indonesia has warned the Indonesian government that banning exports of copper concentrate in June could lead to a loss of $2 billion in revenues for Jakarta, a company official said on Thursday.Indonesia's export ban takes effect from June in an effort to force miners to in

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Freeport Indonesia Will Need To Significantly Reduce Production In 2024 If Exports Of Copper Concentrate Are Not Allowed_SMM

According to Reuters, Freeport Indonesia CEO Tony Wenas said on Tuesday that the company would need to reduce ore production by 40% in 2024 if copper concentrate is not allowed to be exported before the smelter reaches full capacity.

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