RIO rio tinto limited

JAKARTA, Dec 18 (Reuters) - Indonesia's state-owned miner PT...

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    JAKARTA, Dec 18 (Reuters) - Indonesia's state-owned miner PT Inalum expects to finalise a deal this week to take majority control of the local unit of global mining giant Freeport McMoRan Inc FCX.N , the company's chief executive told Reuters on Tuesday.

    The deal will close "hopefully this week", said Budi Gunadi Sadikin, adding that a conclusion looked "highly likely".

    Inalum was proposing to sell a 10 percent stake in PT Freeport Indonesia to Papua, the country's easternmost province where the giant Grasberg mine is located, for $819 million, he said.

 
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Last
$115.14
Change
-0.300(0.26%)
Mkt cap ! $42.85B
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$115.39 $115.40 $114.88 $5.633M 48.90K

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No. Vol. Price($)
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Price($) Vol. No.
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