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Govt Will Not Give Freeport Business License This Year

3 July 2015 16:36 WIB

TEMPO.CO, Jakarta - The government suggests that the changing of Freeport Indonesia's contract of work (COW) into a special mining license (IUPK) will not be decided this year. President Joko Widodo will make a decision on the US-miner's business license status once the National Development Planning Agency (Bappenas) submitted its report on the study of providing Freeport with an IUPK.

State Minister for National Development Planning and Bappenas chief Andrinof Chaniago confirmed that the IUPK cannot be given this year.

Andrinof is targeting for his ministry to finalize the study in November this year. Meanwhile, President Widodo is giving Bappenas a deadline until December 31.  

Freeport McMoran CEO Jim Bob Moffett and Freeport Indonesia president director Maroef Sjamsoeddin yesterday visited the president's office. According to Minister of Energy and Mineral Resources Sudirman Said, Freeport was there to convey its commitment to continue investing in Indonesia.

Maroef Sjamsoeddin was reluctant to comment on the particulars of Freeport's operation status, saying it is a government domain. Freeport, he said, will basically commit to any decision or rule issued by the Indonesian government.

Furthermore, he believes President Widodo is quite appreciative towards the Freeport's investment offers.

"That's just what I assume, it is too premature to say that the government agrees," he said.

RR



Jokowi Gathers Ministers to Discuss Foreign Mining License

15 hari lalu

Jokowi Gathers Ministers to Discuss Foreign Mining License

President Joko Widodo or Jokowi convened a limited meeting with the cabinet ministers at the State Palace, Jakarta, on Wednesday, March 13, 2024.


Freeport Indonesia Claims Changes in Operation Help Reduce Carbon Emission by 24%

27 September 2023

Freeport Indonesia Claims Changes in Operation Help Reduce Carbon Emission by 24%

Freeport attributes this claim to the company's decision to change some of its operating methods, including changing fuels.


Freeport Indonesia Opens Internship Recruitment for Students

29 April 2023

Freeport Indonesia Opens Internship Recruitment for Students

PT Freeport Indonesia is opening recruitment for internships to active students with a minimum GPA of 2.8.


President Says Freeport Indonesia's 5G Remote Mining a First in Southeast Asia

1 September 2022

President Says Freeport Indonesia's 5G Remote Mining a First in Southeast Asia

Jokowi inaugurated the 5G underground "smart mining" implemented in Freeport Indonesia's underground mining facility.


Jokowi Scheduled to Visit Freeport Indonesia Mining Facility

1 September 2022

Jokowi Scheduled to Visit Freeport Indonesia Mining Facility

President Jokowi has departed for Papua to visit the Grasberg Mine that is currently operated by Freeport Indonesia.


Jokowi Talks of 4.9% Inflation with Freeport McMoRan Boss

31 Agustus 2022

Jokowi Talks of 4.9% Inflation with Freeport McMoRan Boss

President Jokowi visits the headquarter of PT Freeport Indonesia in Mimika Regency, Papua.


5 People in Freeport's Circle Died from Covid-19

29 September 2020

5 People in Freeport's Circle Died from Covid-19

Five people within the first ring-or Ring One-of Freeport Indonesia's (PTFI) area have died from Covid-19.


51 Workers Contract to Covid-19; Freeport Continues Operation

15 Mei 2020

51 Workers Contract to Covid-19; Freeport Continues Operation

Freeport Indonesia has decided to continue its operation in Tembagapura, Papua, despite 51 of its employees testing positive for COVID-19.


Freeport Allocates Rp8tn for Smelter Project

19 Februari 2020

Freeport Allocates Rp8tn for Smelter Project

Freeport is preparing US$600 mn to build smelting facilities at the Java Integrated Industrial and Port Estate (JIIPE) in Gresik, East Java this year.


DPR Meets Freeport to Talk Post-divestment Plans

19 Februari 2020

DPR Meets Freeport to Talk Post-divestment Plans

The House of Representatives held a hearing with the directors of Freeport Indonesia today to talk about its post-divestment corporate plan.