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Grasberg agreements signed by Rio, Freeport

Indonesia’s state mining company PT Indonesia Asahan Aluminium (Inalum) has agreed to pay up to US$3.85 billion to increase its stake in the giant Grasberg copper mine in the Papua province to 51.2%.

Grasberg agreements signed by Rio, Freeport Grasberg agreements signed by Rio, Freeport Grasberg agreements signed by Rio, Freeport Grasberg agreements signed by Rio, Freeport Grasberg agreements signed by Rio, Freeport

The Grasberg copper mine in Indonesia will have a new ownership structure by the end of the year

It will pay $3.5 billion to Rio Tinto for its complete interest in the mine, and $350 million to majority owner Freeport-McMoran for an additional 9.36% stake.

Freeport and the Indonesia...