tradingkey.logo

Indonesia, Freeport units sign MoU to extend mining permit beyond 2041

ReutersFeb 19, 2026 12:44 AM

- Indonesia's investment minister and miners Freeport-McMoran and its Indonesia unit Freeport Indonesia have signed a memorandum of understanding to extend Freeport Indonesia's mining permit beyond 2041, Freeport-McMoran chairman Richard Adkerson said.

Adkerson was speaking at a U.S. Chamber of Commerce event in Washington on Wednesday evening that was attended by Indonesian President Prabowo Subianto.

- Prabowo has travelled to Washington for a meeting of U.S. President Donald Trump's Board of Peace, and to seek a lower tariff rate in a trade deal with the United States.

- "We would like the best of relationships with the United States in all spheres - politically, economically," Prabowo said in a speech at the Chamber of Commerce event.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI