The PT Freeport Indonesia (PTFI) smelter project in Manyar, Gresik has now reached 54.5%. This achievement was higher than the target of 52.9% that had been approved by the government. PTFI President Director Tony Wenas revealed, according to plan, PTFI will complete the construction of the copper smelter with this single-line design at the end of December 2023 and start its operational activities at the end of May 2024 until it reaches full operation at the end of December 2024.
"The progress of the Manyar smelter construction is inseparable from the support of all our stakeholders, including the Indonesian Parliament as a strategic partner who always provides input and oversight of the progress of the Manyar smelter construction," said Tony in a press release, Sunday (26/2). Tony continued, the construction of the smelter is expected to provide optimal benefits for East Java. Deputy Chairman of Commission VI of the Republic of Indonesia DPR, Sarmuji, revealed that this smelter project is believed to be completed on time, even though there was a delay due to the COVID-19 pandemic.
"The existence of a smelter will attract new investors, especially in the downstream sector which utilizes copper cathodes, which supports the progress of Gresik and East Java getting stronger," said Sarmuji. Tony explained, in the construction of the Manyar smelter, PTFI has prioritized recruiting local East Java workers, especially the people of Gresik. In addition, PTFI also prioritizes the utilization of regional potentials to meet various operational needs for smelter construction, including consumption, transportation, and employee uniforms, to office supply. Furthermore, PTFI has invested up to US$ 1.78 billion or the equivalent of Rp. 27 trillion out of a total of US$ 3 billion or the equivalent of Rp. 45 trillion.
Source: https://industri.kontan.co.id/news/proyek-smelter-freeport-mencapai-545-penyelesaian
