Freeport's copper concentrate export quota triples to 700,000t
2019-09-16 11:58:45 [Print]
Indonesia's energy ministry has approved a new recommendation for a unit of Freeport McMoran Inc to raise copper concentrate exports to 700,000 tonnes until March 2020, an official stated on September 13.
The new recommendation is much higher than the initial approval for shipments of 198,282 tonnes of copper concentrates, said Yunus Saefulhak, the ministry's director of minerals.
Freeport's Grasberg mine is expected to produce 1.2 million tonnes of copper concentrates this year, he said.
The new recommendation is much higher than the initial approval for shipments of 198,282 tonnes of copper concentrates, said Yunus Saefulhak, the ministry's director of minerals.
Freeport's Grasberg mine is expected to produce 1.2 million tonnes of copper concentrates this year, he said.
Copper Conc. TC 25%min CIF China
Unit:USD/mt
China copper concentrate producers' inventory statistics by province by month
Unit: mt
