Indonesian Political, Business & Finance News

Marking 59th Anniversary, PTFI Remembers Nine Fallen Employees

| Source: ANTARA_ID Translated from Indonesian | Mining
Marking 59th Anniversary, PTFI Remembers Nine Fallen Employees
Image: ANTARA_ID

Malang, East Java (ANTARA) - PT Freeport Indonesia (PTFI) marked its 59th anniversary with deep reflection and respect, remembering nine employees who perished in incidents over the past year. “We remember them with profound sorrow and respect. Losing family members is deeply distressing for all of us,” said PTFI President Director Tony Wenas in a statement received in Malang, East Java, on Wednesday. As part of the anniversary events, PTFI management paid tribute to seven employees who died in a wet material collapse incident in the underground Grasberg Block Cave (GBC) mine area on 8 September 2025, as well as two employees who died in shooting incidents in February and March 2026. On that occasion, Tony also inspected the open-pit Grasberg mine and the underground Deep Mill Level Zone (DMLZ) mine, and laid wreaths as a token of respect to the victims. He encouraged all employees to continue operations while prioritising safety, and ensured extra security from law enforcement given PTFI’s status as a national vital object. “Entering its 59th year, PTFI records a long journey as one of the companies with the longest operating period in Indonesia. Fifty-nine years is not a short time. Few companies, especially foreign investments, can survive this long in Indonesia,” said Tony. Throughout 2025, PTFI contributed around Rp70 trillion to the state in the form of taxes, royalties, dividends, and other revenues. PTFI also continues to commit to providing direct benefits to communities around its operational areas through various social investment programmes. In 2025, Tony continued, PTFI’s social investment value reached nearly Rp2 trillion and will continue to increase by around 100 million US dollars or equivalent to Rp1.5 trillion per year until the completion of mining operations. This commitment runs parallel to the company’s contribution in creating jobs, with more than 30,000 employees, of which around 40 percent are indigenous Papuans. “Looking ahead, we are optimistic that this contribution can continue to increase, in line with the still relatively high mineral commodity prices. In addition, we consistently implement strict safety and operational standards as part of our commitment to responsible mining practices,” said Tony.

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