RIO rio tinto limited

News: RIO Freeport Indonesia has new mining permit valid to 2031

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    JAKARTA, Dec 21 (Reuters) -

    • A special mining permit given to Freeport McMoRan FCX.N unit PT Freeport Indonesia on Friday is valid up to 2031, and could be extended to 2041, an energy ministry official said
    • Copper ore output from Freeport's Grasberg mine is expected to decline in 2019 once open pit mining ends this year, Freeport Indonesia chief executive Tony Wenas said
    • Output from the mine is expected to increase once again in 2020, Wenas said
 
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