Indonesia's main currently operating copper mines are the massive Grasberg complex and Batu Hijau. Potential future mines include Kucing Liar (Grasberg), Elang, Tujuh Bukit, Hu'u and Beutong.
The Wetar Copper Mine is the only mine in Indonesia that produces and directly exports copper cathodes. This mine is operated by PT Batutua Kharisma Permai (BKP), the holder of the mining business permit for …
Grasberg Block Cave Mine in Papua, Indonesia, was the largest copper-producing mine in the Asia-Pacific, producing approximately 26.36 million metric tons per annum (mmtpa) …
Copper mining company Freeport Indonesia has commissioned its $3.7bn Gresik copper smelter in East Java, reported Reuters. The smelter is expected to meet the surging demand for copper essential for renewable energy technologies. Go deeper with GlobalData. Reports.
PT Merdeka Copper Gold Tbk produces gold, silver, copper, and minerals essential for the advancement of human life. Together with our subsidiaries spread across various islands in Indonesia, we set the highest standards in environmental, social, and corporate governance performance.
Indonesia's copper export ban was originally set to enter into force in June 2023, but the government allowed Freeport and Amman more time to comply to help them fund smelter construction.
The Tujuh Bukit copper project is an open-pit copper mine being developed in the East Java province of Indonesia. It is considered to be one of the world's largest undeveloped copper and gold projects. Merdeka Copper Gold, an Indonesia-based metal and mining company, is developing the project through its wholly owned …
Indonesia-based PT Smelting, a joint venture between Mitsubishi Materials and Freeport Indonesia, has started construction on a $231m copper smelting facility expansion project.. The expansion is aimed at boosting the production capacity of the smelting plant in Gresik District, East Java Province, from the existing 300,000t to …
At the end of Q1 2022, the MINING TOP 50* ranking of the world's biggest miners hit an all-time record of a collective $1.75 trillion as copper spent time above $10,000 a tonne, real nickel ...
Rex shares closed 56% higher at A$0.43 apiece in Sydney Monday on the news. MACH, a unit of the Salim Group and one of Indonesia's largest conglomerates, already owns a 15.8% stake in Rex, or ...
PT-FI will continue to pay export duties on copper concentrates during the smelter ramp-up period pursuant to Indonesian regulations, it said. PT-FI's prior concentrate and anode slime export licenses expired on May 31, 2024, and PT-FI did not export copper concentrates or anode slimes during June 2024.
As a result, some of the top copper mines are also among the world's largest open pits. The ... Indonesia's Grasberg Mine is another notable name on this list. It produces both gold and copper ...
Grasberg mine has the single largest known gold reserve and the second largest copper reserves in the world. It is located 96km north of Timika, at Tembagapura in Irian Jaya – the most easterly of …
Indonesia's expansion is "somewhat reshaping the global supply chain," Harry Fisher and Greg Miller, analysts at Benchmark Mineral Intelligence, said in an email.
The miner also announced that on July 2, PT-FI received approval from the Indonesian government to export copper concentrates and anode slimes through December 2024, when full ramp-up of the new ...
Lundin Mining Corporation owns a 80% stake in Chile's Candelaria copper mine, which produces up to 170,000 tonnes a year. The Candelaria Copper Mining Complex comprises two adjacent copper mining operations – Candelaria and Ojos del Salado – which produce copper concentrates from an open pit and underground mines. …
Grasberg Block Cave Mine in Papua, Indonesia, was the largest copper-producing mine in the Asia-Pacific, producing approximately 26.36 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021 and an estimated 295.5 thousand tonnes of Copper in 2021. The Grasberg Block Cave Mine is owned by PT Inalum and is due to operate until 2041.
Asiamet's 'flagship' project, the BKM Copper Project ("BKM") sits within the eastern area of the Kalimantan Surya Kencana ('KSK') Contract of Work ("CoW"). The KSK CoW is wholly-owned by Asiamet and is located …
The construction of US mining giant Freeport McMoRan's Indonesian copper smelter, one of the biggest in the world, will be completed by the end of this year, an official at its Indonesian unit ...
From 2022 to 2030, Indonesia has the potential to increase cobalt supply by 10 times, compared to the DRC's output rising by two-thirds, and could account for 37% of the potential mined supply ...
The Batu Hijau open-pit Copper-Gold mine is located on the Sumbawa Island in Indonesia. It is owned by PT Newmont, a subsidiary of Newmont (45%), Nusa Tenggara Mining Corp. (35%), PT Pukuafu Indah ...
The new smelter facility will also produce 600,000t of copper cathode, which will be generated from concentrate supplied by PT Freeport Indonesia's Grasberg mine in Papua. Additionally, it will feature a $200m precious metal refinery with the capacity to produce up to 54t.
Copper production: 2,058,910.28 MT. The most productive of the world's copper mining companies, Freeport-McMoRan recorded 2,058,910.28 metric tons (MT) of copper output in 2023.One of its biggest ...
The construction of US mining giant Freeport McMoRan's Indonesian copper smelter, one of the biggest in the world, will be completed by the end of this year, an official at its Indonesian...
Freeport Indonesia said last week its copper output in 2023 is seen at about 1.6 billion pounds (725,748 tonnes). (By Bernadette Christina, Gayatri Suroyo, Kate Lamb, Ananda Teresia and Stanley ...
Many nickel companies, including Merdeka Battery Materials (MBMA) — a subsidiary of the Indonesian metal and mining company Merdeka Copper Gold — have made this part of the country their home base to become "one of the main suppliers of raw materials for global electric vehicle production." MBMA owns many mines and …
The Grasberg Block Cave Mine is an underground mine situated in Papua, Indonesia. Owned by Mining Industry Indonesia, the brownfield mine produced an estimated 418.53 thousand tonnes of copper in 2023. The mine will operate until 2041. Buy the profile here. 7. Antamina Mine. Located in Ancash, Peru, the Antamina Mine is …
Indonesia's copper industry 1.n 2017 Indonesia was the 11th largest copper mining I producer in the world with production capacity equivalent to 600 thousand tons per annum. 2.However, Indonesia's copper production has been decreasing gradually since 2016, from 695.900 metric tons to 400,200 in 2019 (according to the World Bureau of Metal ...
In 2023, the production of copper mines in Indonesia was estimated at around 840 thousand metric tons.
