Freeport Deposits Rp7.73 Trillion Central and Regional Government Shares of 2024 Net Profits
22 April 2025
Jakarta, April 21, 2025 - PT Freeport Indonesia (PTFI) has deposited around Rp7.73 trillion of the central and regional government's share of the company's 2024 net profit. The regional share was received by the Central Papua Provincial Government, Mimika Regency as the producing region, and other regencies in Central Papua Province.
"The company is always transparent and accountable in carrying out its obligations. Payment of the regional share of net profit is real evidence of the company's commitment to contributing to regional economic development," said PTFI President Director Tony Wenas.
The funds of around Rp7.73 trillion were divided between the central government of Rp3.1 trillion and the regional government of Rp4.63 trillion. Tony detailed that the funds to the regions were divided between the Central Papua Provincial Government of around Rp1.16 trillion and the Mimika Regency Government of around Rp1.92 trillion.
Meanwhile, other districts in Central Papua Province, namely Nabire, Paniai, Puncak, Puncak Jaya, Dogiyai, Deiyai, and Intan Jaya, each received IDR 221.2 billion, so that a total of seven other districts in Central Papua Province received around IDR 1.55 trillion.
In 2024, overall state revenues in the form of taxes, royalties, dividends, and other levies will reach more than 4.6 billion US dollars or equivalent to 79 trillion rupiahs. This figure includes contributions to the regions reaching more than 11.5 trillion rupiahs.
Tony added that PTFI also continues to be committed to providing benefits to communities around its operational areas through various social investment programs. In 2024, PTFI's social investment value will reach more than 2 trillion rupiahs and will continue to increase by around 100 million US dollars or 1.5 trillion rupiahs per year until 2041.
"PTFI's success as a company is when the community in the environment around its operational area improves their standard of living and welfare. We believe that no company is successful in the midst of a failed community. We will continue to grow and develop together with the community until the mining operation is completed," said Tony.
Back To List
