Govt's Move to Secure Freeport's Future

The Ministry of Energy and Mineral Resources (ESDM) has confirmed the presence of a scheme that enables the government, through PT Mineral Industri Indonesia (Persero) or MIND ID, to acquire an additional 10% stake in Freeport Indonesia at a reduced cost, possibly even without any cost.

Bisnis, JAKARTA - The government is devising strategies to minimize the expenses associated with acquiring an extra 10% share of PT Freeport Indonesia, which is a requisite for extending the operational license of the integrated copper mining firm.

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