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Indonesia, Freeport units sign MoU to extend mining permit beyond 2041
Indonesia’s investment minister, Freeport-McMoRan, and its Indonesian unit Freeport Indonesia have signed a memorandum of understanding (MoU) to extend Freeport Indonesia’s mining permit beyond 2041. This announcement was made by Freeport-McMoRan chairman Richard Adkerson at a U.S. Chamber of Commerce event in Washington, attended by Indonesian President Prabowo Subianto. Prabowo’s visit aimed at fostering strong political and economic relationships with the United States.