Finally Indonesia controls the majority of shares, this is the result of the meeting of Jonan and Big Boss of Freeport in the United States



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source of information http://www.beritaterheboh.com/2018/07/ end-indonesia-kuasai-mayoritas.html

Beritaterheboh.com – The Minister of Energy and Resources Minerals (ESDM) Ignatius Jonan visits the United States (USA) and met Richard Adkerson, CEO of Freeport McMoran. During a restricted meeting, they discussed issues related to the continued operation of the existing Freeport mine in Papua.

The meeting took place at the same time as a lunch. Tony Wenas, PT Freeport Indonesia President, was also present. After the meeting, Jonan then said the results

"The agreement is everywhere, that is to say on business certainty and management control." The acquisition was also completed, the legal documentation and Inalum are looking for loans, "said Jonan, quoted by CNBC Indonesia, Thursday (28/6/2018).

The government is aiming for the sale of 51% of PT Freeport Indonesia to be completed this month. Initially, the government planned to divest it in two stages by acquiring Rio Tinto shares in the Grasberg mine in Papua, but later the system changed to one stage

Jonan badured that the process was proceeding as planned.

"Tomorrow, Mr. Tony comes home, I ask my colleague to finish the documentation," he said.

With respect to the value of mutually agreed value of the two parties, Freeport and the Ministry have not yet disclosed it.

"Value is always a secret," PT Freeport Indonesia President Tony Wenas said on the same occasion.

Then, on how the mine's management mechanism after the government becomes the majority shareholder, Jonan says Freeport and the government will establish a sound joint venture and will set a common target until 2041.

"To ensure business certainty for Freeport." com)

http://www.beritaterheboh.com/2018/07/internation-indonesia-kuasai-mayoritas.html

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