Freeport Indonesia's Copper Production Increased by 65% in 2021

Mining

Lite

Reza Pahlevi 15/02/2022 14:30 WIB

URL has been copied

Memuat...

Citing Freeport-McMoRan's report, Freeport Indonesia's copper production reached 1.34 billion pounds in 2021, the highest since 2011.

Freeport Indonesia Copper Production (2011-2021)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Freeport Indonesia's Copper Production Increased by 65% in 2021

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Freeport Indonesia Copper Production (2011-2021)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Freeport Indonesia increased its copper concentrate production by 65% in 2021.

Citing a Freeport-McMoRan report, Freeport Indonesia's copper production in 2021 reached 1.34 billion pounds, the highest since 2011.

In the preceding years, Freeport Indonesia's copper production was below 1 billion pounds, with 607 million pounds in 2019 and 809 million pounds in 2020.

The relatively low copper production in 2019 and 2020 is estimated to be due to the depletion of the Grasberg open-pit mine reserves and the incomplete operation of the Grasberg Block Cave underground mine.

However, with the intensified operation of the underground mine, Freeport Indonesia projects it can produce up to 1.6 billion pounds of copper annually.

Since 2018, the Indonesian government holds a 51.2% majority stake in Freeport. Of this ownership, 10% is held by the Papua Provincial Government and the Mimika Regency Government.

(See also: Grasberg Mine Freeport Produces the World's Second Largest Copper)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."