Freeport Indonesia's contract extension is conducted on environmental permits



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Activities at the Freeport mine, Papua. – Bloomberg / Dadang Tri

Bisnis.com, JAKARTA – The Ministry of Energy and Mineral Resources (ESDM) explains one of the constraints to the extension of PT Freeport Indonesia The extension of the contract is the issuance of an environmental permit. because there are still processes to be resolved between several parties, such as environmental problem solving involving teams from the Ministry of the Environment and the Freeport Indonesia and Inalum team, according to information gathered of the Ministry of ESDM in Jakarta on Thursday (5 /7/2018).

The government extended the special mining permit of PT Freeport Indonesia until the following month or until July 31, 2018.

"The extension of this IUPK is contained in a ministerial decree) ESDM No. 1872 / K30MEM / 2018 signed on June 29, 2018", said the Director General of the Ministry Mineral Resources and Mineral Energy and Coal Bambang Gato Ariyono

"So we issued Decree 1872 / K30MEM / 2018 of June 29, 2018 in order to adjust the continuation of the operations of. extension of Freeport Indonesia and to maintain a situati On the social side, it is necessary to stipulate the decision of the minister, "said Bambang.

Bambang adds that the ESDM Decree No. 1872 of 2018 is the fourth change to the Minister of Energy and Mineral Resources No. 413 of 2017 on IUPK of PT Freeport Indonesia

" Essentially the SK 413 (2017 year) has been revised.With the issuance of the extension of the IUPK, it is also decided that PT Freeport Indonesia can undertake the sale of processed products to the company. "Foreign to some extent by paying the corresponding export right .. provisions that apply." So the content of Kepmen 1872 is only two, "said Bambang.

"They asked that we give them another chance to finish this, but for other activities such as disinvestment, smelting and the extension of the operation of the changes, it is in The environment takes time, so the government takes time to finish it, "concludes Bambang

Source: Antara

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