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Freeport to challenge Indonesia's copper taxes

US-based mining giant Freeport-McMoran's subsidiary PT Freeport Indonesia (PT-FI) plans to challenge Indonesia's new copper export duties which are based on miners' domestic smelter development progress.

Nathan Richardson
President Jokowi inspects a smelting plant project of PT Freeport Indonesia in Gresik regency, East Java province, on Tuesday (20/06). (Source: BPMI Setpres/Laily Rachev)

President Jokowi inspects a smelting plant project of PT Freeport Indonesia in Gresik regency, East Java province, on Tuesday (20/06). (Source: BPMI Setpres/Laily Rachev)

"PT-FI is continuing to discuss the applicability of the revised regulation with the Indonesian government and will contest, and seek recovery of, any assessments," the company said. Indonesia's plans...

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