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Indonesia to issue copper export permits for Freeport, Amman, official says
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Indonesia to issue copper export permits for Freeport, Amman, official says
May 30, 2024 10:27 PM

JAKARTA, May 31 (Reuters) - Indonesia will issue copper

concentrate export permits for miner Freeport Indonesia and

Amman Mineral Internasional, a trade ministry official said on

Friday, ensuring that exports by both companies would not be

disrupted.

Freeport's and Amman's current export permits expire on

Friday.

"The permits will take effect from June 1," Budi Santoso,

the trade ministry's director general of international trade,

without disclosing further details.

Budi said both companies will be permitted to export until

Dec. 31.

Indonesia banned shipments of all raw minerals from June

2023, but Freeport and Amman were given a year-long dispensation

to export their copper concentrate to allow the miners more time

to finish the construction of their smelters.

Both companies have since lobbied the government for another

extension, arguing that their smelters would not reach full

capacity by next month.

On May 8, President Joko Widodo said the government would

extend Freeport's and Amman's export permits, but did not

provide details.

Freeport and Amman did not immediately respond to a request

for comment. Amman earlier this week said it was still waiting

for its new export permit.

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