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View all search resultsFreeport-shares
Business 8 years ago
BPJS Ketenagakerjaan might buy Freeport shares
The Workers Social Security Agency (BPJS Ketenagakerjaan) is considering taking part in a consortium tasked with buying shares of gold and copper miner PT Freeport Indonesia after the miner agreed to divest 51 percent of its shares in exchange for a contract extension for its Grasberg mine in Papua to 2041.
Business 8 years ago
Indonesia wants SOEs to buy Freeport’s divested shares
The government has requested that gold and copper miner PT Freeport Indonesia, a subsidiary of United States-based Freeport McMoRan.inc, sell its shares to Indonesian state-owned enterprises after the company agreed to divest 51 percent of its shares.
Business 8 years ago
Negotiations with Freeport took place over two-and-a-half years: Jokowi
President Joko “Jokowi” Widodo said negotiations between the government and Freeport McMoran had taken place over the last two-and-a-half years before the company finally agreed to allow local companies to own up to 51 percent of its shares, Freeport Indonesia.
