Companies
In a bid to offset the processing gap, PTFI is accelerating preparations to restart its new smelter, which has been shut down since a fire in 2024.
This handout photo taken and released on March 17, 2025, by the Presidential Palace shows an aerial view of the smelter facility operated by PT Freeport Indonesia. (AFP/Indonesian Presidential Palace)
PT Freeport Indonesia (PTFI) has temporarily suspended operations at its copper smelting facility in Gresik, East Java, which is operated by PT Smelting, following the discovery of operational issues requiring urgent furnace repairs, the company announced on Wednesday.President director Tony Wenas confirmed that the company had received notification that operations at the facility were halted effective Aug. 8.
"The suspension was implemented to facilitate necessary furnace repairs," Tony told Bisnis.com on Wednesday. "Based on an initial assessment, repairs are expected to be completed in the third quarter of 2026."
