Latest News
Now is the time to buy gold; BCA sees bullish opportunity as real yields peak|Wall Street, Main Street solidly bullish as prices end the week nearly $300 higher|PBOC boosts gold buying with largest monthly purchase since 2023|Trump admin blocks tungsten, battery waste exports to boost US minerals supply|Denarius takes 15.6% of Copper Giant, Trafigura takes the concentrate|Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider|Gold breaks out following soft jobs data but could still struggle to get to $4,500|Gold's biggest headwind may finally be peaking|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|Now is the time to buy gold; BCA sees bullish opportunity as real yields peak|Wall Street, Main Street solidly bullish as prices end the week nearly $300 higher|PBOC boosts gold buying with largest monthly purchase since 2023|Trump admin blocks tungsten, battery waste exports to boost US minerals supply|Denarius takes 15.6% of Copper Giant, Trafigura takes the concentrate|Gold's rally is about a growing lack of investor confidence; silver could offer bigger gains says MarketGauge's Schneider|Gold breaks out following soft jobs data but could still struggle to get to $4,500|Gold's biggest headwind may finally be peaking|Coinbase launches GOLD-PERP and SILVER-PERP futures offering 24/7/365 metals trading and price discovery with 25x leverage|Arizona Gold & Silver Reports Multiple High-Grade Intercepts Including 3.35m of 15.07 gpt Gold and 19.6 gpt Silver – Expands High-Grade Philadelphia Zone|
Back to News
Latest News

Freeport Indonesia aims for Manyar smelter restart next month, CEO says

Freeport Indonesia aims for Manyar smelter restart next month, CEO says
07 August 20265 Mins read

JAKARTA - Copper and gold miner PT Freeport Indonesia plans to resume production at its Manyar smelter in September as copper concentrate production from its Grasberg mine gradually recovers, CE Tony Wenas told reporters on Friday.

Copper concentrate shipments have gradually resumed from its Grasberg mine in Indonesia's Papua region to the Manyar smelter in East Java, and production at the smelter should restart next month, as scheduled, he said.

Activities at Grasberg's main mine were halted last year following a fatal mud flow incident. The recovery in operations is ongoing and the mine is expected to approach full capacity by the end of 2027, Wenas said.

Since mining activities restarted, Freeport's other smelter, PT Smelting, was the priority recipient of Grasberg's copper concentrate output.

Production of copper cathode this year is estimated to reach nearly 400000 tons from both the Manyar and PT Smelting facilities. 

Our Trusted Brands

Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Phenom Resources
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake
Arras Minerals
Afrikor
Arizona Gold & Silver
Astra Exploration
Aurion Resources
Bluenergies
Bactech
Digipower X
Gold Hunter Resources
Golkor
Guanajuato
Harfang
He Capital
Kodiak Copper
Leviathan
Loyalist
Mining Investment Event
Noble Plains
Pan Global
Phenom Resources
Power Metallic
SilverWolf
Spacekor
US Gold
USDC
Vivio Power
West Red Lake

News & Updates

Subscribe to Our Latest News & Updates