Indonesia Trade Ministry Supports Extending Freeport's Copper Export Permit

FREEPORT - JAKARTA. Indonesia's trade ministry would support allowing PT Freeport Indonesia to continue exporting copper concentrate after a cost-and-benefit analysis, a deputy minister said on Friday.

Resource-rich Indonesia has banned exports of copper concentrate, asking miners to process their output onshore and export higher value products instead, under a policy known as "commodity downstreaming".

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