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View all search resultsState-Owned Enterprises (SOEs) Minister Rini Soemarno hinted on Saturday that state mining holding company Inalum's purchase of shares in gold and copper miner PT Freeport Indonesia (PTFI) was expected to be completed by mid-July.
State-owned mining holding company PT Indonesia Asahan Aluminium (Inalum) president director Budi Gunadi Sadikin said he could not guarantee that negotiations over the divestment of copper and gold miner PT Freeport Indonesia’s (PTFI) shares could be completed this month.
State-owned mining holding company PT Indonesia Asahan Aluminium (Inalum) has asked state-owned investment firm PT Danareksa to help calculate the shares value of gold and copper miner PT Freeport Indonesia (PTFI) in an effort to acquire the latter’s majority stake.
State-owned PT Indonesia Asahan Aluminium (Inalum), which has been appointed to lead a state-owned mining industry holding, has said that it will focus on purchasing 40.64 percent shares of gold and copper miner PT Freeport Indonesia (PTFI).
State-Owned Enterprises Minister Rini Soemarno said on Wednesday that the government selected state-owned aluminum firm PT Indonesia Asahan Alumnium (Inalum) to acquire 51 percent of shares in gold and copper miner PT Freeport Indonesia.
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