59th Anniversary of Freeport: Rising Together Towards Sustainable Operations
PT Freeport Indonesia (PTFI) commemorated its 59th anniversary with reflection and respect, remembering nine employees who lost their lives in incidents that occurred over the past year.
As part of the commemorative events, PTFI management paid tribute to seven employees who died as a result of a wet material flow incident in the Grasberg Block Cave (GBC) underground mine area on September 8, 2025, and two employees who died due to two shooting incidents in February and March 2026.
"We remember them with deep sorrow and respect. Losing family members is very sad for all of us. We hope that in the future, similar incidents, whether landslides or shootings, as well as other events that could endanger safety, will not happen again," said PTFI President Director Tony Wenas.
On this occasion, Tony also conducted a review of the Grasberg open-pit mining area and the Deep Mill Level Zone (DMLZ) underground mine, as well as laid a wreath as a tribute to the victims. He also encouraged all employees to continue operating with a focus on safety, and ensured additional security from law enforcement considering PTFI's status as a national vital object.
"Entering its 59th year, PTFI has recorded a long journey as one of the companies with the longest operational history in Indonesia. 59 years is not a short time. Only a few companies, especially foreign investments, have been able to survive this long in Indonesia," said Tony.
Throughout 2025, PTFI contributed around IDR 70 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 the operational areas through various investment programs.
In 2025, Tony continued, PTFI's social investment value reached nearly IDR 2 trillion and will continue to increase by around 100 million USD, or equivalent to IDR 1.5 trillion per year, until the completion of mining operations. This commitment goes hand in hand with the company's contribution to creating jobs, with a workforce of more than 30 thousand employees, of which around 40 percent are indigenous Papuans.
"Going forward, we are optimistic that this contribution can continue to increase, along with mineral commodity prices that are still relatively high. In addition, we also consistently implement strict safety and operational standards as part of our commitment to responsible mining practices," said Tony.
It should be noted that currently PTFI's operations are still in the recovery phase after the incident, with the new production level reaching around 40–50 percent. The company targets to return close to 100 percent by the end of this year and to reach full capacity at the beginning of next quarter.
Tony emphasized that PTFI continues to strengthen safety aspects in the recovery of underground mining operations, as well as adding security personnel in the Grasberg area to ensure safe and sustainable production.
“We are committed to delivering safe, secured, and sustainable production, so that the maximum benefits can continue to be felt by the nation and the country, as well as the communities around the operational areas. We will continue to grow and develop together with the community until the completion of mining operations,” said Tony.
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