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The mining company is a joint venture between Indonesian and American interests, with the Indonesian government through its state-owned company PT Mineral Industri Indonesia (MIND ID) and PT Indonesia Papua Metal & Mineral, a company co-owned by MIND ID and government of Papua, owning a 51.23% stake and Freeport-McMoRan owning 48.77%.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum , a major copper producer and operates the world's largest gold mine , the Grasberg mine in Papua, Indonesia .
This list of mines in Indonesia is subsidiary to the list of mines article and lists working, defunct and future mines in the country and is organised by the primary mineral output. For practical purposes stone, marble and other quarries may be included in this list.
Gold and copper miner Freeport-McMoRan may have ducked under the export ban Indonesia imposed on unprocessed ore, but it and fellow miner Newmont Mining can't avoid paying a new export tax the ...
The Grasberg mine has been cited as one of the largest single taxpayers in Indonesia, [3] [17] contributing 0.6 percent to Indonesia's GDP (96 percent of the GDP of Mimika Regency where the mine is located) and generating 17.3 billion USD in revenue for the Indonesian government between 1992 and 2017 through taxes, export duties, royalties, and ...
The Ministry of Energy and Mineral Resources of the Republic of Indonesia (Indonesian: Kementerian Energi dan Sumber Daya Mineral Republik Indonesia, abbr. Kementerian ESDM) is an Indonesian ministry responsible for providing assistance to the President and Vice President in performing government's affairs in the field of energy and mineral resources. [1]
Indonesia has a strong hold on the nickel industry. The Southeast Asian country boasts the world’s largest nickel reserves and last year produced about 40% of the world’s supply of the metal ...
Freeport Doctrine, articulated by Stephen A. Douglas at the 1858 Lincoln–Douglas debate in Freeport, Illinois Freeport-McMoRan , a mining company operating in the Americas, Indonesia, and Spain Topics referred to by the same term