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Freeport eyes rare Indonesia win

Tsingshan deal could save Freeport US1.4 billion in capex, according to Jefferies

Oonagh Reidy
The Freeport McMoran-operated Grasberg mine in Indonesia

The Freeport McMoran-operated Grasberg mine in Indonesia

If the Tsingshan deal - reported by Asia Times on Monday - goes ahead, Freeport subsidiary PT-FI would only have to expand its existing smelter at Gresik by 0.3Mtpa at a cost of US$250-300 million - a...

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