JAKARTA, July 30 (Reuters) -
- Indonesian government will extend temporarily a special mining permit (IUPK) for Freeport McMoran's FCX.N local unit that is due to expire on July 31, Coal and Minerals Director General Bambang Gatot told reporters on Monday.
- The ministry has yet to decide on the length of the permit extension.
- Freeport is currently negotiating the sale of a majority of its stake in its local unit (PT-FI) to Indonesia's state-owned mining company Inalum.
- Freeport operates the Grasberg copper mine in the eastern province of Papua that is the world's second-largest.
News: RIO Indonesia to extend temporary mining permit for Freeport
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