Freeport-McMoRan Sponsors the Amungme Gold Coffee Cooperative
September 23, 2014 /3BL Media/ - PT Freeport Indonesia, a Freeport-McMoRan company, has sponsored a coffee farmer collective in Papua, Indonesia since 2000. For 14 years Amungme Gold coffee has been farmed and processed by indigenous Amungme farmers under the guidance of Freeport’s entrepreneur business program to meet growing demand from consumers.
The Amungme Gold Cooperative has 109 coffee farmers working on coffee plantations spread over an area of 42 hectares located in four high plains communities near the PT Freeport Indonesia operations.
The cooperative increases the income and welfare of its members and provides low-interest loans, financial education and management skills to coffee farmers and processors. The coffee is marketed and sold in Papua, Indonesia.
To learn more about Freeport-McMoRan’s investment in indigenous communities please see http://www.fcx.com/sd/community/indig_people.htm
Please see the 2013 Working Toward Sustainable Development Report for more information on all of their social, economic and environmental efforts.