Indonesian President, Joko Widodo, Optimistic Freeport's Smelter Will Underpin Indonesia's Competitiveness

07 July 2023

Indonesian President, Joko Widodo, visited PT Freeport Indonesia's (PTFI) second smelter construction in JIIPE Special Economic Zone, Gresik, East Java on Tuesday, 20 June 2023. MIND ID, as PTFI's 51% majority shareholder, is committed to supporting the Government's Downstream Program through this smelter. MIND ID and PTFI are maintaining the construction progress according to the timeline which reached 72% in mid-June and is expected to begin operating by May 2024. President Joko Widodo emphasized PT Freeport Indonesia's (PTFI) smelter will increase Indonesia's competitiveness in copper commodities so that it can compete with other countries and become Indonesia's capital to become a developed country. (*)

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