JAKARTA Aug 13 Freeport-McMoRan Copper & Gold
Inc's Indonesian subsidiary warned on Tuesday that the
country's rules on mineral processing and ban on ore exports
after 2014 may impact production at its Grasberg mine, the
world's second-biggest copper mine.
"If there is no dispensation from the government... our
mining capacity will need to be reduced ... It's very
complicated," PT Freeport Indonesia CEO Rozik B. Soetjipto said
at a press conference in Jakarta.
"Because of this we will continue to try to talk to the
government," he added.
Freeport currently processes only around 40 percent of its
ore domestically, Rozik said, but the prevailing law requires it
to smelt all of it in Indonesia from January 2014.