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Indonesia closes US$3.85b Freeport deal

Inalum takes 51.2% stake in PT Freeport Indonesia

Staff Reporter
Following years of tense negotiations, Indonesia has secured a majority stake in the Grasberg mine

Following years of tense negotiations, Indonesia has secured a majority stake in the Grasberg mine

This gives the Phoenix, Arizona-based miner and its Indonesia-focused subsidiary PT Freeport Indonesia's (PT-FI) increased clarity and stability on Grasberg out to 2041, when its new licence will expire. ...

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