| Indonesian trade minister signs off on Freeport copper export deal | |
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JAKARTA, July 30 (Reuters) - A copper export deal agreed earlier this week between Indonesia and Freeport-McMoRan has been finalised after Trade Minister Rachmat Gobel signed off on the agreement. Arizona-based Freeport, which runs one of the biggest copper mines in Papua, reached an agreement on Monday with the Indonesian government to export 775,000 tonnes of copper over the next six months but completing the deal was delayed due to an administrative problem. "Export permit for Freeport, I signed yesterday," Gobel told reporters on Thursday. On Wednesday, Freeport Indonesia Chief Executive Maroef Sjamsoeddin told reporters that 20,000-30,000 tonnes was ready to be shipped once approval was given. (Reporting by Bernadette Christina and; Michael Taylor; Editing by Alan Raybould)
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : FCX |
ISIN : US35671D8570 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Freeport McMoran is a copper and gold producing company based in United states of america. Freeport McMoran produces copper, gold, cobalt, molybdenum and silver in Chile, in Congo Dem. Rep. of, in Indonesia and in Peru, develops copper in Peru, and holds various exploration projects in Chile. Its main assets in production are CANDELARIA, EL ABRA, CHINO - MILL, HENDERSON, MIAMI - ROM LEACH, MORENCI - MILL, OJOS DEL SALADO, MORENCI and MORENCI - ROM LEACH in Chile, GRASBERG, SIERRITA and BAGDAD in Indonesia, TENKE FUNGURUME and TYRONE in Congo Dem. Rep. of and CERRO VERDE in Peru, its main asset in development is SAFFORD in Peru and its main exploration properties are BAGDAD - ROM LEACH and CHINO - ROM LEACH in Peru and CERRO VERDE - MILL, CERRO VERDE - CRUSHED LEACH, CERRO VERDE - ROM LEACH, EL ABRA - ROM LEACH and CLIMAX in Chile. Freeport McMoran is listed in Germany and in United States of America. Its market capitalisation is 2.1 billions as of today (€ 1.9 billions). Its stock quote reached its lowest recent point on March 06, 2020 at 10.00, and its highest recent level on September 18, 2024 at 43.92. Freeport McMoran has 47 442 200 shares outstanding. |