Washington D.C.,- RAKYAT NEWS – Indonesian Finance Minister Sri Mulyani Indrawati met with Freeport-McMoRan executives in the United States to discuss the impact of U.S. trade tariffs on global commodity prices and supply chains. The meeting took place on the sidelines of the 2025 IMF-World Bank Spring Meetings.

Sri Mulyani met with Freeport-McMoRan Chairman Richard Adkerson and CEO Kathleen Quirk. They shared insights on how trade policies under U.S. President Donald Trump have created volatility in copper prices and triggered potential shifts in global supply chains.

Health Minister Budi Gunadi Sadikin also joined the meeting. Both parties agreed on the importance of fostering fair and balanced cooperation to mitigate the growing complexity of global economic challenges.

“Open and balanced communication is key to maintaining stability and mutual interests,” Sri Mulyani said through her official Instagram account, quoted on Thursday (April 24).

Beyond economic and trade issues, the meeting also addressed health collaboration. Indonesia reaffirmed its commitment to working with Freeport to combat malaria in Papua, a region where the mining company operates.

“This aligns with President Prabowo’s program to improve health services that are fair, equitable, and accessible through better facilities and support for medical personnel,” she added.

Freeport-McMoRan is the parent company of PT Freeport Indonesia (PTFI), which is now majority-owned by the Indonesian government through state-owned mining holding company MIND ID. PTFI operates major gold and copper mines in Papua.

According to its 2024 performance report, Freeport projects a decline in PTFI’s copper and gold sales in 2025. Copper sales are expected to reach 1.55 billion pounds, while gold sales are projected at 1.6 million ounces—down from 1.63 billion pounds and 1.81 million ounces, respectively, in 2024.