Government Extends Freeport License Until July 31, 2018



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Merdeka.com – General Manager of Minerals and Coal of the Ministry of Energy and Mineral Resources (BEM) Bambang Gatot announced that the Government had amended Ministerial Decree No. 413 of 2017 of Energy and Mineral Resources in Decree No. 1872 of 2018.

"The fact is that the SK 413 is being revised in order to grant IUPK production operations. to PT Freeport Indonesia, "said Bambang at the Office of the Directorate General of Minerals, Jakarta Wednesday (4/7). , then the status period of the Special Mining License (IUPK) of Freeport Indonesia's production activities is extended until July 31, 2018. Where previously the period of Freeport IUP will expire on July 4, 2018.

"Provided that this IUPK is effective since the issuance of 413 (up to July 4, 2018), similar to yesterday until July 31, 2018."

The extension of the period IUPK considers the further operation of Freeport Ind. (19659003) "IUPK holders may be able to sell the results of processing abroad for a specified amount by paying the export duty in accordance with the applicable provisions. it is only two of them. "

Reporter: Pebrianto Eko Wicaksono

Source: Liputan6.com [azz]

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