Indonesia warns Freeport may lose export permit if smelter delayed

Posted on January 20, 2015 by Nanthakumar Victor Emmanuel, P.Eng Leave a comment

Jan 20 (Reuters) – Freeport-McMoRan Inc could lose its permit to export copper concentrate from its massive Indonesian mine in West Papua, the country’s mining minister said on Tuesday, unless it can show progress in developing a new copper smelter this week.

Read more at: http://www.reuters.com/article/2015/01/20/fcx-indonesia-exports-idUST9N0NH03A20150120