Is a mineral mining company affiliate of Freeport-McMoRan (FCX) and MIND ID Indonesia’s Mining Industry. PTFI mines and process ores produces concentrates containing copper, gold and silver. We market concentrates all over the world, and mainly to domestic copper smelter, PT Smelting. We operates in the remote highlands of the Sudirman Mountain Range in Mimika Regency, Papua Province, Indonesia
Our mines in Grasberg minerals district, Papua – Indonesia is one of the world’s largerst copper and gold deposits. We currently mining the final phase of the Grasberg open pit, which contains high copper and gold ore grades. We have been working on several projects in the Grasberg minerals district related to the development of its large-scale, long-lived, high-grade underground mines. In aggregate, these underground mines are expected to produce large-scale quantities of copper and gold following the transition from the Grasberg open pit.