Freeport to soon restart exports from Indonesia as gov’t offers tax cuts
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
About $500 million of exports a month have been halted in Southeast Asia's biggest economy because of the minerals dispute.
The price drop overshadowed the miner’s coal sales increase during the quarter, which totalled 6.8 million tonnes, compared with 6.3 million tonnes a year earlier.
Construction, not mining lifts the machinery giant's second-quarter results.
Current activities are paving way for coal storage, site infrastructure and initial earthworks for the installation of water management systems.
Why are these businesses so eager to hire? Because business is booming.
The country, one of the largest per capita greenhouse gas emitters, no longer has a carbon tax.
"I see bullish factors entering the market."
According to the company, the mine will employ about 1,800 workers during construction and generate 1,000 permanent jobs once opened.