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Grasberg agreements signed by Rio, Freeport

Indonesian state miner will pay US$3.85b for a 51.2% stake

Jacqueline Holman
The Grasberg copper mine in Indonesia will have a new ownership structure by the end of the year

The Grasberg copper mine in Indonesia will have a new ownership structure by the end of the year

It will pay $3.5 billion to Rio Tinto for its complete interest in the mine, and $350 million to majority owner Freeport-McMoran for an additional 9.36% stake. Freeport and the Indonesian government came...

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