JAKARTA, Dec 5 (Reuters) - Indonesia plans to acquire Rio Tinto's (RIO)
40 percent participating interest in the giant Grasberg copper mine operated by the local unit of Freeport-McMoRan Inc , mining minister Ignasius Jonan said on Tuesday. Indonesia plans in 2018 to complete the acquisition of Rio's interest in the mine, as well as the purchase of a 51 percent stake in Freeport Indonesia by the state-owned enterprise ministry and other government units, Jonan said.
The government expects a written agreement on the matter in the near term, he said.
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Last
$117.63 |
Change
2.320(2.01%) |
Mkt cap ! $43.63B | |||
| Open | High | Low | Value | Volume |
| $116.95 | $117.80 | $116.69 | $109.9M | 937.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 103 | $129.39 |
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| Price($) | Vol. | No. |
|---|---|---|
| $108.22 | 1017 | 1 |
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| RIO (ASX) Chart |