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Related company : FREEPORT INDONESIA

Related company : FREEPORT INDONESIA

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Tone : Neutral

 

Govt tells Papua, Mimika to set up BUMD for Freeport shares

Summary
The Jakarta Post, March 15, 2019
The government has told the administrations of Papua province and Mimika regency to establish a regionowned enterprise (BUMD) to hold the 10 percent combined shares they were allotted through the divestment of copper and gold miner PT Freeport Indonesia (PTFI). Mining, strategic industry and media affairs undersecretary Fajar Harry Sampurno of the StateOwned Enterprises (SOEs) Ministry said the BUMD was expected to be established this year.
 
 

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