Freeport Indonesia (PTFI), under the leadership of President Director Tony Wenas, is planning to replace its 200 MW coal-fired boiler-based power plant catering to its mining operations in Mimika, Central Papua, with a cleaner combined-cycle LNG (Liquefied Natural Gas) facility by 2027. This strategic shift is part of the company’s broader energy transition toward greener operations, aiming to reduce carbon emissions by up to 60% compared to the company's 2018 baseline. Additionally, PTFI has already begun integrating clean-energy solutions—such as electrified mining transport using electric trains—which now account for over 50% of ore-hauling, cutting emissions by approximately 28%.
This move builds upon earlier sustainability efforts, including replacing coal steam plants with gas-engine alternatives and shifting toward energy efficiency and electrification. A recent 2023 climate report reveals that PTFI is also advancing a plan to convert its existing coal-based power generation to LNG via a new combined-cycle facility. The project involves LNG supply through offshore floating storage and regasification, with an estimated investment of around USD 1 billion—about USD 400 million more than a coal refurbishment—projected to lower Scope 1 greenhouse gas emissions.