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Freeport Indonesia launches $3.7 bln Gresik copper smelter
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Freeport Indonesia launches $3.7 bln Gresik copper smelter
Jun 26, 2024 10:34 PM

JAKARTA, June 27 (Reuters) - Copper and gold miner

Freeport Indonesia on Thursday launched its $3.7 billion copper

smelter in Gresik, East Java, that has a total input capacity of

1.7 million metric tons of copper concentrate.

The smelter's output capacity will reach around 650,000 tons

of copper cathode and 50 to 60 tons of gold, said Tony Wenas,

chief executive of Freeport Indonesia, majority owned by the

Indonesian government but operated by U.S mining giant Freeport

McMoran ( FCX ).

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