Freeport Indonesia contributes dividends and non-tax state revenue worth Rp187 trillion

Jakarta (ANTARA) - PT Freeport Indonesia (PTFI) has contributed to the state through dividends and Non-Tax State Revenue (PNBP) amounting to US$11.04 billion or approximately Rp187 trillion (exchange rate of Rp17,000 per US dollar).

Based on a statement from PTFI received in Jakarta on Monday, the contribution is dominated by dividends of US$8.96 billion, while PNBP reaches US$2.08 billion.

Historically, PTFI’s contributions have remained at high levels following the global commodity price cycle. In 2021, PTFI distributed dividends of US$234 million with PNBP of around US$1.5 billion.

Performance surged in 2022 with dividends reaching US$3.075 billion, while PNBP amounted to US$145 million.

Contributions then adjusted in 2023 with dividends of US$708 million and PNBP of US$140 million. In 2024, performance strengthened again with dividends of US$2.95 billion and PNBP of US$183.8 million.

Meanwhile, in 2025, dividends are recorded at around US$2.0 billion with PNBP of US$112.4 million.

Economist from INDEF, Rizal Taufikurahman, assesses that PTFI’s contribution reflects the strategic role of the mining sector under state management in supporting Indonesia’s revenues, especially when commodity prices are high.

“PTFI’s contribution is significant and has become one of the key supports for state revenues in recent years, particularly during commodity price booms. This demonstrates the company’s capacity to generate substantial economic value,” he said.

Nevertheless, he sees room for strengthening ahead from the fiscal policy side so that these benefits can be more stable and sustainable.

Optimisation is not only related to the size of the contribution but also how the revenue structure can be further strengthened through government-driven mining downstream policies via MIND ID.

“Looking ahead, the government can promote more adaptive schemes such as windfall-based mechanisms when prices are high, strengthen downstream processing to create added value domestically, and increase transparency in revenue management. In this way, significant contributions from businesses like PTFI can have an even greater impact on national economic transformation,” he stated.