Freeport-McMoRan has requested permission from the Indonesian government to export copper concentrate in 2025, citing the need for repairs and ramp-up of its fire-damaged smelter. The company expects the smelter to be operational again in the July-September quarter of 2024.
Freeport-McMoRan has requested approval from the Indonesia n government to permit the export of copper concentrate in 2025 "until the required repairs of its new smelter following the October 2024 fire incident and full ramp-up are complete."Current regulations in Indonesia prohibit exports of copper concentrate as of January 1, 2025.
04Blb for Q4, down marginally on a year-on-year basis and 4.214Blb for the year .Costs for 2024 decreased on the whole, totalling $1.56/lb in 2024 . However, on a quarter comparative basis, the net cash per pound for copper produced in Q4 2024 was higher than in Q4 2023.For gold, the company posted output of 432,000oz in Q4 2024 and sales of 350,000oz at an average realised price of $2,628/oz. For the year, Freeport-McMoRan saw an output of 1.88Moz but higher year-on-year sales of 1.83Moz .
Copper Export Smelter Freeport-Mcmoran Indonesia
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