Freeport Contributes IDR75 Trillion to the State

07 May 2026

Jakarta, 7 May 2026 – On April 8, 2026, PT Freeport Indonesia (PTFI) distributed an additional IDR4.8 trillion, representing its 2025 net profit share to both central and regional governments, supplementing prior contributions made throughout 2025. This brings the company’s total contributions to the state to IDR75 trillion.

Of the total IDR75 trillion contribution, this includes dividends to MIND ID, as the holding company representing the Government of Indonesia’s ownership stake, amounting to IDR16.9 trillion, as well as regional government allocations totaling IDR13.48 trillion. This regional portion comprises IDR10.6 trillion disbursed in 2025 and an additional IDR2.88 trillion derived from the company’s 2025 net profit distribution.

The company consistently prioritizes transparency and accountability in fulfilling its obligations to both central and regional governments, with the expectation that these funds will be utilized for the greatest benefit of communities in their respective regions,” said PTFI President Director Tony Wenas.

The detailed allocation of the IDR4.8 trillion net profit distribution is as follows:

1

Central Government

: IDR1,92 trillion (4%)

2

Central Papua Provincial Government

: IDR720,5 billion (1,5%)

3

Mimika Regency

: IDR1,2 trillion (2,5%)

4

Other regencies in Central Papua Province, namely:

  • Nabire Regency

  • Paniai Regency

  • Puncak Regency

  • Puncak Jaya Regency

  • Dogiyai Regency

  • Deiyai Regency

  • Intan Jaya Regency

: Each regency received IDR137.2 billion, bringing the total allocation to IDR960.4 billion (2%)

 

 

 

 

 

 

 

Tony added that this value has the potential to increase further in line with persistently high mineral commodity prices. “At present, PTFI’s operations remain in the recovery phase following the incident at the Grasberg Block Cave (GBC) underground mine, with production levels currently reaching only around 40 to 50 percent. The company is targeting a return to full operational capacity by early 2028,” Tony said.

In addition to its direct contributions to the state, PTFI continues to deliver sustainable benefits to communities surrounding its operational areas through various social investment programs. Throughout 2025, the company’s social investment reached IDR2 trillion and is expected to continue at approximately US$100 million, or around IDR1.7 trillion per year, through 2041.

“PTFI’s success as a company is reflected in the extent to which communities around our operational areas experience improved living standards and welfare. We believe that no company succeeds in an environment where the community fails. Therefore, we will continue to grow and develop alongside local communities until the end of our mining operations,” Tony averred.

 

PHOTO DESCRIPTION

Underground mining area of Grasberg Block Cave (GBC) at PT Freeport Indonesia. In 2025, PTFI’s sales volume reached 1.2 billion pounds of copper and 1.1 million ounces of gold.

An aerial view of the PT Freeport Indonesia (PTFI) Smelter in the Gresik Special Economic Zone. PTFI has successfully implemented integrated domestic processing and refining, spanning from upstream to downstream operations.

***

About PT Freeport Indonesia (PTFI)

PT Freeport Indonesia (PTFI) is a leading mineral mining company affiliated with Freeport-McMoRan Inc. (FCX) and Mining Industry Indonesia (MIND ID). PTFI conducts integrated mining, processing, and refining operations to produce copper cathodes, gold, and silver bullion. Through its end-to-end operations, PTFI has become one of the world’s largest integrated copper mining companies.

PTFI’s mining operations are located in the Grasberg area, Mimika Regency, Central Papua Province—one of the most remote and extreme mountainous regions in the world, which hosts one of the largest copper and gold deposits on Earth. Refining operations are conducted at PTFI’s smelter facility in Gresik, East Java, as part of the company’s commitment to domestic downstream mineral processing and value addition.

PTFI is currently developing a large-scale, high-grade underground mine in the Grasberg mineral district. Through sustainable resource management, the application of advanced technology, and world-class safety standards, PTFI remains committed to contributing to Indonesia’s national economic development.

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