PT Freeport Indonesia is a mineral mining company affiliate of Freeport-McMoRan (FCX) and MIND ID Indonesia's Mining Industry. PTFI mines and process ores produces concentrates containing copper, gold and silver. We market concentrates all over the world, and mainly to domestic copper smelter, PT Smelting. We operates in the remote highlands of the Sudirman Mountain Range in Mimika Regency, Papua Province, Indonesia.
Our mines in Grasberg minerals district, Papua – Indonesia is one of the world’s largerst copper and gold deposits. We currently mining the final phase of the Grasberg open pit, which contains high copper and gold ore grades. We have been working on several projects in the Grasberg minerals district related to the development of its large-scale, long-lived, high-grade underground mines. In aggregate, these underground mines are expected to produce large-scale quantities of copper and gold following the transition from the Grasberg open pit.
The change of Bank Sinar Harapan Bali name to be Bank Mandiri Taspen Pos (Bank Mantap) is not just a name change, but affirming our service commitment to the public and our stakeholders as well as to all Indonesian people. The name change also followed by a renewed commitment to improve performance and provide meaningful benefits to all Bank Mantap stakeholders. Bank Mandiri Taspen Pos continues to grow and consistently takes its first steps toward achieving the vision and mission as part of the financial industry which is scattered in serving nationwide customers.
Bank Mantap track record with stakes by 3 State Owned Enterprises (BUMN) with specialized competence at each business, PT Bank Mandiri (Persero) Tbk, PT TASPEN (Persero) and PT Pos Indonesia (Persero) will give momentum of sustained growth for the Bank.