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President Joko Widodo Extends Freeport Mining License in Indonesia for 20 Years

Bertemu Chairman Freeport, Jokowi Harap Perpanjangan Izin Tambang Selesai  Akhir Bulan Ini

In addition to meeting with President Biden during his visit to Washington DC, President Joko Widodo also received a visit from Freeport McMoran Chairman, Richard Adkerson, at the Waldorf Astoria Hotel in the United States.

President Jokowi welcomed the discussion regarding the increase of Freeport’s shares in Indonesia by 10 percent, as well as the extension of mining permits for 20 years, which has reached the final stage.

The Minister of Maritime Affairs and Investment Coordination, Ad Interim, Erick Thohir, stated that the relationship between Indonesia and the United States continues to improve.

This underlies President Joko Widodo’s ongoing efforts to encourage US investment in Indonesia.

One example is through the collaboration with Freeport McMoran.

Image source >>> Kompas TV

Source >>> https://www.kompas.tv/video/460980/presiden-joko-widodo-perpanjang-izin-tambang-freeport-di-indonesia-selama-20-tahun