Over 17 million tonnes copper concentrate shipped out of OK Tedi Mine , says CEO

By: PNG Business News September 19, 2022

Photo credit: Ok Tedi Mining

According to Ok Tedi Mining Ltd managing director and chief executive officer Musje Werror, more than 17 million tonnes of copper concentrate have been exported out from the Ok Tedi mine in Papua New Guinea since operations got underway in 1984.

Werror travelled to Port Moresby to officially greet the mine's new vessel, the mv Fly Enterprise, which would be utilised to ship copper concentrates abroad.

The mine has produced more than K67 billion for the people of PNG and Western in its 38th year of operation.

“As a 100 per cent-owned PNG mining company, we are proud of our contributions to the development of our country as our nation will celebrate 47 years of Independence,” Werror said.

In 2032, the mine is anticipated to shut.

Through Kumul Minerals Holdings Ltd., the government controls 67% of the mining, while Western province residents hold 33%.

 

Reference: Pacific Mining Watch (12 September 2022). “Over 17 million tonnes copper concentrate shipped out of OK Tedi Mine , says CEO”. 


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