13 Jun 2012

Freeport granted permission to export unprocessed ore from Papua

5:09 am on 13 June 2012

Indonesia has granted permission to Freeport McMoRan Copper & Gold to export unprocessed ore from its operations in Papua.

Reuters reports that this comes after Indonesia's government imposed new rules on mining exports.

Last month, the government asked all miners to submit plans to build smelters to add value to the country's mining sector ahead of a 2014 ban on raw mineral exports, as well as imposing a 20 percent export duty on ore exports.