Inside View of Indonesia's Largest Gold-Copper Mine on its 59th Anniversary

PT Freeport Indonesia (PTFI) commemorated its 59th anniversary with reflection and tribute, remembering nine employees who perished in incidents over the past year. As part of the anniversary events, PTFI’s management paid respects to seven employees who died due to a wet material slide incident in the underground Grasberg Block Cave (GBC) mine on 8 September 2025, and two employees who died in shooting incidents in February and March 2026. Throughout 2025, PTFI contributed around Rp70 trillion to the state in the form of taxes, royalties, dividends, and other revenues. PTFI continues to commit to providing direct benefits to communities around its operational areas through various social investment programmes. In 2025, the value of PTFI’s social investments reached nearly Rp2 trillion and will continue to increase by about US$100 million or equivalent to Rp1.5 trillion per year until the completion of mining operations. This commitment runs parallel to the company’s contributions in creating jobs, with more than 30,000 employees, around 40% of whom are indigenous Papuans. It should be noted that PTFI’s operations are currently in the recovery phase following the incidents, with production levels only reaching about 40% to 50%. The company targets returning to near 100% by the end of this year and achieving full capacity in the early quarter of next year.