Posted inAT Finance, Australia, Indonesia, Oceania, World

Indonesia a step closer to controlling Grasberg mine

The prolonged talks between the Indonesian government and Freeport McMoRan Copper & Gold have passed another milestone with Freeport, partner Rio Tinto and state-owned holding company PT Inalum signing an agreement under which Rio Tinto will sell its stake in Papua’s fabulously rich Grasberg mine. Coming a year after the two main parties agreed on […]

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