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Business Update: Freeport Builds Smelter in Papua, PCR Test Prices Officially Drop

TEMPO.CO, Jakarta – The latest economic and business news until Wednesday evening, 27 October 2021, starting with PT Freeport Indonesia’s plan to build a smelter in Papua.

Next there is news about the reason for Pertamina selling Pertalite below the economic price and a complete list of PCR test locations at the airport managed by PT Angkasa Pura I. Then there is news about Susi Pudjiastuti’s request regarding PCR prices and BPKP revealing the reason for the decline in PCR prices to Rp 275,000 for the Java region and Bali.

The five news stories were observed to be the most accessed by readers of the economic and business channel Tempo.co. The following is a summary of the five trending news.

1. Bahlil Reports to Jokowi about Freeport’s Plan to Build a Smelter in Papua

Investment Minister Bahlil Lahadalia announced the plan to build a smelter or refining mineral mine for PT Freeport Indonesia in Papua. Bahlil said he had communicated with President Joko Widodo or Jokowi about this plan.

“I have had intense communication with the President, after I reported what was directed by Papuan friends about the desire to build a smelter in Papua,” Bahlil said in a virtual press conference, Wednesday, October 27, 2021.

Previously, the construction of the Freeport smelter had indeed begun at the Java Integrated Industrial and Port Estate (JIIPE) Gresik, East Java. Jokowi laid the first stone on October 12, 2021.

Read more about smelter here.

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