Value of Freeport's acquisitions close to 4 billion US dollars



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TEMPO.CO, Jakarta – State Minister for State Enterprises Rini Soemarno explained that he discussed the value of the acquisition of the PT Freeport Indonesia shares with the Freeport McMoran CEO Richard Adkerson. "The last final negotiating value of 3 billion US dollars is nearly $ 4 billion, or between $ 3.5 billion and $ 4 billion, which is still being finalized," he said at the meeting. his private residence Saturday. June 30, 2018.

Rini explained that the finalization will be completed in the next two weeks. The debate is still related to environmental and financial issues

Freeport agreed to the conversion of Rio Tinto stock

The value, said Rini was reported to President Joko Widodo, before Lebaran. In addition, the process to be completed is a matter of details of the agreement between the two parties.

Rini said, this cooperation is crucial. He wants his management in a transparent and professional way. "During his visit, Minister of Energy and Mineral Resources, Ignatius Jonan, held a closed meeting with Freeport CEO Richard Adkerson at the Four Seasons Hotel in Washington. , Tuesday, June 19, 2018, WIB

Associated with the badignment, Jonan said that it will depend heavily on the availability of PT Inalum (Persero) as a state company to buy shares of Freeport Indonesia . According to him, Inalum must find a loan for the process of acquisition

"If it is ready, I hope that next week there will be joint statement between CEO Freeport – McMoRan and the government that this (disinvestment) percent, co-managed, agreed to build a smelter, agreed to be IUPK (Special Mining Permit), and higher revenues from the company. 39, State. "

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