Copper miner PT Freeport Indonesia has reduced its copper ore mining to 60% capacity due to rising stockpiles, Energy and Mineral Resources Ministry senior official Tri Winarno said on Friday.Indonesia has banned exports of unprocessed ores to encourage domestic processing and value-add. Freeport’s new smelter is undergoing repairs following a fire in October, and it has requested an export permit extension for its copper concentrate in the interim.“When their stockpile is full, surely they have to reduce ore production,” Tri told reporters, adding the period the mining activities had been reduced was unclear.Freeport Indonesia was forced to adjust upstream production as its concentrate storage facilities in Amamapare, Central Papua and in Gresik, East Java, are full, spokesperson Katri Krisnati said.
Source https://djakarta-miningclub.com