Freeport will to Export Permit Renewal Concentrate Again

Freeport will to Export Permit Renewal Concentrate Again

PT.FREEPORT


https://finance.detik.com.

Jakarta - PT Freeport Indonesia confirmed in the near future will come back able to export crude concentrate again. Until now, the production activities of Freeport is still running normally. However, since January 12, 2017, Freeport did not export activities.

Minister of Energy and Mineral Resources (ESDM) Ignatius Jonan claimed, will grant an extension of an export permit concentrate to Freeport Indonesia as has been the submission of changing the status of the contract of work (COW) into a Mining Business License Lodging (IUPK) from the mining company from the United States ,

"Gini, inikan they again ask, we see we process, if the basic requirements are met, including commitments smelter yes we publish IUPK while. Recommendations exports also come out," said Jonan in Meeting Room of House Commission VII, Jakarta, Monday (30/1 / 2017).

During this time, the government and Freeport was the middle of the tug. The government will not provide recommendations concentrate export license if Freeport does not transform into IUPK KK and build a smelter.

Instead, Freeport also did not want to change the status of KK into IUPK when there is no certainty of mining business licenses renewed and given recommendations concentrate export license.

With the export IUPK temporary and recommendations of Jonan, then Freeport will soon be able to export more concentrate while Freeport manage licensing permanent mining business activities in the future.

"Because if it is a permanent process which takes time. Kan baseball can if his IUPK process that will take 3-6 months," he continued.

IUPK while that will be published this Jonan will have a time limit of 6 months. If the journey Freeport could not meet the necessary requirements to make permanent IUPK, then concentrate on exports will be lifted by the government.

"Recommendations exports also out, because if you want to finish IUPK all requirements shall not export, yes can stop could be 3 months 6 months, the fair baseball as well. Later in 3-6 months if I am not finished so we pull, so," he explained.

As to when the issuance of temporary IUPK in question, Jonan can not ensure.

"Loh, I do not know, they should ask wong, is now proposing, now again be processed, I follow baseball, asked Director General," he said
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