Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia revealed two conditions for extending PT Freeport Indonesia’s (PTFI) special mining business permit (IUPK) which will expire in 2041. Bahlil said, first, the government asked Freeport to build a smelter in Papua. The reason is, so far Freeport has built smelters outside Papua, while Freeport’s mines are in Papua.To subscribe please click here
