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Freeport and Indonesia end dispute

Freeport-McMoRan (FCX) has agreed to eventually hand over majority ownership of the Grasberg copper-gold mine to the Indonesian government.

Alex Hamer
Indonesian mining minister Ignasius Jonan

Indonesian mining minister Ignasius Jonan

Grasberg produced 2.1 million tonnes of copper and 1 million ounces of gold in 2016 and has been at the centre of a fight over licences between Indonesia and Freeport’s 90.64%-owned subsidiary, Freeport...

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