Southeast Asia | Indonesia a step closer to controlling Grasberg mine

Indonesia a step closer to controlling Grasberg mine

New agreement values mine's assets and provides a path for US miner Freeport's divestment but issues of management, arbitration and environment are still unresolved

Jakarta, July 17, 2018 5:10 PM (UTC+8)
Indonesian police stand guard at the open-pit mine of PT Freeport's Grasberg copper and gold mine complex near Timika, in the eastern province of Papua, Indonesia. Photo: Antara Foto via Reuters /Muhammad Adimaja
Indonesian police stand guard at the open-pit mine of PT Freeport's Grasberg copper and gold mine complex near Timika, in the eastern province of Papua, Indonesia. Photo: Antara Foto via Reuters /Muhammad Adimaja
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