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Indonesia: Government issues export permits for Freeport, Amman Mineral
The Energy and Mineral Resources Ministry has issued one-year export permits for gold and copper miners PT Freeport Indonesia (PTFI) and PT Amman Mineral Nusa Tenggara.
The ministry’s mineral supervision and business director, Yunus Saifulhak, explained that the ministry had allowed PTFI to export 198,282 wet metric tons (wmt) of copper concentrate, while for Amman Mineral, the government had allowed it to export 336,100 wmt.
The amount of concentrate allowed to be exported was based on the work program and budget of the respective companies, Yunus said, adding that PTFI was expected to produce 1.3 million tons wmt of copper concentrate.
“About 1.1 million tons is to be sent to a smelter owned by PT Smelting Gresik [in East Java], while about 200,000 tons will be exported,” he said as quoted by kontan.co.id. over the weekend
Meanwhile, Amman Mineral president director Rachmat Makkasau confirmed the company had obtained an export permit for the next 12 months.
“We appreciate the government’s support and we will focus on producing concentrate to fulfill the export quota based on the government’s recommendation, apart from supplying domestic demand,” Rachmat said.
PTFI’s export permit had expired on Feb. 15, while Amman Mineral’s on Feb. 21. (bbn)
Source: https://www.thejakartapost.com/news/2019/03/11/government-issues-export-permits-for-freeport-amman-mineral.html