Indonesia and Freeport Reach Agreement over New Mining Permit for Grasberg Mine

Publicado: Aug 29, 2017 14:57
Indonesia has reached an agreement with Freeport-McMoRan Inc on Tuesday to allow the company to continue operating its Grasberg copper-gold mine in the country.

SHANGHAI, Aug. 29 (SMM) –Indonesia has reached an agreement with Freeport-McMoRan Inc on Tuesday to allow the company to continue operating its Grasberg copper-gold mine in the country.

Barclays Expects Copper Prices to Severely Soften in Late 2017

But, Freeport needs to divest 51% stake in the mine. 

Copper Stocks Grow in Shanghai Bonded Zone, SMM Says 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
Notícias Relacionadas
Copper prices center shifted lower, end-use demand saw significant volume growth, and SHFE copper spot premiums stabilized slightly [SMM SHFE Copper Spot]
há 2 minutos
Copper prices center shifted lower, end-use demand saw significant volume growth, and SHFE copper spot premiums stabilized slightly [SMM SHFE Copper Spot]
Leia mais
Copper prices center shifted lower, end-use demand saw significant volume growth, and SHFE copper spot premiums stabilized slightly [SMM SHFE Copper Spot]
Copper prices center shifted lower, end-use demand saw significant volume growth, and SHFE copper spot premiums stabilized slightly [SMM SHFE Copper Spot]
[SMM Shanghai Spot Copper] Looking ahead to next week, on the night of September 10, SHFE copper prices pulled back notably from the previous trading day, erasing all weekly gains. The SHFE copper 2609 contract mainly traded in the range of 109,000–109,700 yuan/mt. As the center of copper prices shifted lower, downstream pricing activity improved significantly. According to SMM, some processing enterprises conducted concentrated pricing during the night session, with overall pricing volume notably higher than the previous trading day. Driven by concentrated pricing, downstream raw material procurement demand was released simultaneously, and inquiries and transactions in the Shanghai spot copper cathode market improved markedly from the previous trading day. In addition, the import window rarely opened, and expectations for subsequent imported copper supply edged up. Next Tuesday is the delivery date for the SHFE copper 2609 contract, and after the contract rollover, spot copper quotes against SHFE copper are expected to remain at a high premium.
há 2 minutos
O sentimento de espera entre os usuários finais de cabos permaneceu forte, e as taxas de operação de cabos ficaram sob pressão durante a semana [Análise Semanal do Mercado de Fios e Cabos da SMM]
há 14 minutos
O sentimento de espera entre os usuários finais de cabos permaneceu forte, e as taxas de operação de cabos ficaram sob pressão durante a semana [Análise Semanal do Mercado de Fios e Cabos da SMM]
Leia mais
O sentimento de espera entre os usuários finais de cabos permaneceu forte, e as taxas de operação de cabos ficaram sob pressão durante a semana [Análise Semanal do Mercado de Fios e Cabos da SMM]
O sentimento de espera entre os usuários finais de cabos permaneceu forte, e as taxas de operação de cabos ficaram sob pressão durante a semana [Análise Semanal do Mercado de Fios e Cabos da SMM]
há 14 minutos
Cobre recua com força; setores a montante e a jusante do cobre reciclado adotam postura de espera [Análise Diária de Cobre Secundário da SMM]
há 46 minutos
Cobre recua com força; setores a montante e a jusante do cobre reciclado adotam postura de espera [Análise Diária de Cobre Secundário da SMM]
Leia mais
Cobre recua com força; setores a montante e a jusante do cobre reciclado adotam postura de espera [Análise Diária de Cobre Secundário da SMM]
Cobre recua com força; setores a montante e a jusante do cobre reciclado adotam postura de espera [Análise Diária de Cobre Secundário da SMM]
há 46 minutos