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Merdeka.com – Indonesia reportedly controlled 51% of PT Freeport's shares. The news blew when President Joko Widodo signed a joint agreement with PT Freeport Indonesia not long ago. Hikmahanto Juwana, a professor of international law at the Faculty of Law of the University of Indonesia, said that Inalum did not formally hold 51% of Freeport Indonesia's stock. 19659002] 
Freeport shares 2018 liputan6.com
"This is not yet definitive, if one signed yesterday is correct, HoA, Freeport (McMoran) and Rio Tinto say that it is safe. is a non-binding agreement, "he said, written by Liputan6.com Monday (16/7/2018)
To be able to reach a definitive agreement on the ownership of 51 percent of the shares, it takes a long process, because many factors must be observed. "The HoA process is not an agreement stating the completion of the Freeport Indonesia stock sale transaction, which means that Indonesia through the intermediary of the company, is not in the process of doing so. Inalum has been valid as a holder of 51% of its shares.
"There are still a number of steps, the next step is the negotiation of a technical agreement, it is n & # 39; It is not impossible that this step will fail in the middle of the road, which is certainly not expected, "he warned, published by Rendi Witular as head of corporate communication and marketing. the relationship with the government of Inalum Mining Industry.One of them is the investment stabilization agreement
"This question is very strange if it is in the HoA, because Inalum is not the regulator who determines the amount of taxes and royalties. "" It is impossible that Inalum has ordered the government, "he said.
Jokowi Tuai Compliment of the World
freeport stock 2018 liputan6.com
Indonesia is highlighted in the world. This time, thanks to the serious measures taken by the government of President Joko Widodo to control 51% of Freeport's shares.
Singapore media The Straits Times have described Freeport's signature of Indonesian shares as a "historic agreement". The Straits Times
Japan's Nikken Asia Review Media participated in discussions on President Jokowi's determination in the Freeport Affairs
"Widodo determined to bring what is considered a strategic national resource leading to control of the state for decades in the hands of American miners. "
The Wall Street Journal highlights the resurgence of resource nationalism in Indonesia
" This agreement occurs after the new law for minors in Indonesia since 2009 the nationalism of the resource is more and more intensive and Jakarta (Indonesian government) seeks to fill its economies and build a competing state-owned company on a global scale, "says Wall Street Journal.
Indonesia took 26 years to take control of the 51% stake. earlier, during the reign of the first president of Soekarno, Indonesia filed a 60 percent stake, but was rejected by PT Freeport.
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