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.
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.
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