All News

16 October 2022

Indonesia May have Oversupply of Copper Cathodes in 2025, says Energy Minister

The Ministry of Energy and Mineral Resources (ESDM) as well as the Ministry pf Investment and the Ministry of Industries are encouraged to invest in derivative industries in an effort to process copper cathodes. This comes in the wake of a prediction of an overproduction of copper cathodes in 2025.

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14 October 2022

PT Freeport Indonesia Gives Scholarships & Scientific Orations to Students

With the theme of economic transformation through downstream with local wisdom, the scientific oration held by the collaboration between PT Freeport Indonesia and the Ministry of Investment and the Investment Coordinating Board, continued to the University of Indonesia and the Bandung Institute of Technology. Not only giving scientific speeches, but PT Freeport Indonesia also provides scholarships to students.

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13 October 2022

Freeport Indonesia Once Again Wins Subroto Award in 2022

PT Freeport Indonesia (PTFI) was honored once again with a Subroto Award in 2022 from the Republic of Indonesia’s Ministry of Energy and Mineral Resources (ESDM) Republic of Indonesia. The award ceremony was held on October 4th 2022, virtually. PTFI earned this award for the category of Most Innovative Minerals Community Development and Empowerment Programs (PPM), sub-category Metal Minerals, in the Sociocultural field, by reason of its commitment to conduct a sustainable operation through the development of human resources near the company operating area.

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12 October 2022

Minister of Investment on Extension of Freeport Indonesia Contract

The Minister of Investment/Head of the Coordinating Board of Capital Investment, Bahlil Lahadalia, affirmed that PT Freeport Indonesia’s contract extension, which was issued ahead of time and with an expiry date in 2041 must be in accordance with the mechanisms and in the interest of the nation.

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12 October 2022

30 Papua Football Academy Students Try to Training in Tembagapura

Papua Football Academy players had the opportunity to experience the unique training atmosphere in the PT. Freeport Indonesia in Tembagapura, with an altitude of about 2,000 meters above sea level. Papua Football Academy (PFA) was inaugurated by President Joko Widodo on August 31, 2022, and is located at Mimika Sports Complex, Timika.

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11 October 2022

Bahlil Affirms Downstreaming of Natural Resources Conducted in Sustainable Way

Indonesia’s wealth of natural resources is acknowledged the world over, especially where it concerns the variety of mineral contents. As is mandated by law all-natural wealth is destined to be people’s property in the interest of their prosperity.

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11 October 2022

Jokowi Claims 70 Percent of Freeport’s Profit has Got into RI’s Pocket

President Joko Widodo (Jokowi) stated that 70 percent of PT Freeport Indonesia’s income already belongs to Indonesia. It happened after Indonesia acquired 51 shares through PT Indonesia Asahan Aluminium (Inalum). Jokowi explained that previously, Indonesia only held 9 percent of Freeport’s shares, with 9 percent of dividend income.

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11 October 2022

Freeport Drives Papua’s Human Relations

PT Freeport Indonesia (PTFI is committed to continue to generate the best contribution to Indonesia, in particular Papua Land. One form of said contribution is implemented through development of Papua’s human resources by means of education, career opportunities, and also local economic empowerment.

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10 October 2022

Freeport’s Contribution to Indonesia

PT Freeport Indonesia (PTFI) mining contribution at the Grasberg Mine, Tembagapura District, Mimika, Papua for local communities from 1991 to 2021 has reached US$2 billion or equivalent to Rp30 trillion (estimated exchange rate of Rp15,000 per US dollar).

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08 October 2022

Freeport Registers 30 thousand People of 7 Tribes in Mimika to Healthcare and Social Security Agency

PT Freeport Indonesia together with the Amungme and Kamoro Community Empowerment Foundation (YPMAK) through the Caritas Timika Papua Foundation (YCTP) resumed their collaboration with Social Security Agency (BPJS Kesehatan) Jayapura Branch to provide health insurance protection to the seven Tribes of Mimika Regency through the Funding Donation Program.

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