Bisnis, JAKARTA — The extension of PT Freeport Indonesia's (PTFI) special mining permit (IUPK) has been met with roadblocks, despite the government’s best efforts to finalize it before President Joko "Jokowi" Widodo's term ends.
New Minister: Freeport Extension Stalled by Divestment Talks
The government aims to finalize Freeport’s permit before Jokowi’s term ends, but negotiations have not gone smoothly. One notable issue is the 10 percent additional divestment of PTFI’s shares to MIND ID.
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