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Business 8 years ago
Inalum to issue global bonds
State mining holding company Indonesia Asahan Aluminium (Inalum) plans to issue global bonds whose proceeds will be used to pay for a loan to finance the purchase of majority ownership in Freeport Indonesia (PTFI), the operator of the world’s second-largest copper mine in Papua.
Business 8 years ago
Freeport divestment to wrap up mid-July, says SOEs minister
State-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.
Business 8 years ago
Freeport talks will not be completed in June: Inalum chief
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.
Business 8 years ago
Inalum asks Danareksa to calculate Freeport’s shares value
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.
Business 8 years ago
Mining holding company to acquire Freeport’s shares
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).
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