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Search result with “Government Stake In Freeport” as a keyword founded 27 news.
Freeport Signs Deal to Extend Grasberg Operations
... Indonesian government to extend the operating rights of its subsidiary, Freeport Indonesia ... 12% stake to the Indonesian government at no cost in 2041. Beginning in 2042 ... complexes globally. The partnership between Freeport-McMoRan and Indonesia has undergone ...Business Feb 20, 2026 | 2:47 pm
Prabowo Courts US Investors, Oversees $38.4b Business Agreements During Washington Visit
... Freeport-McMoRan divesting 12% of its local subsidiary to the Indonesian government ... American Hardwood Export Council in a strategic cooperation agreement ... MoU, Freeport will retain its 48.76% stake until ... 2041, with ownership only reduced to 37% in ...Business Feb 20, 2026 | 8:02 am
Indonesia Extends Freeport Mining Permit to 2041 and Mine Life
... by President Prabowo Subianto in Washington on Wednesday. ... Indonesian government, President and CEO Kathleen Quirk representing Freeport- ... additional 12% increase in Indonesia’s ownership in PTFI by 2041. ... commodity prices,” Tony said in a statement. He added ...Business Feb 19, 2026 | 10:14 pm
Indonesian, US Firms Ink $38.4 Billion MoUs as Tariff Deal Nears
... : Critical Minerals - The Indonesian government and Freeport Indonesia Oil Field Recovery - Pertamina ... the Indonesian government in 2041. It will hold a 48.76% stake in the unit ... following year. The MoU extends Freeport’s mining permit beyond 2041. To ...Business Feb 19, 2026 | 2:29 pm
Tony Wenas: Copper and Minerals Will Drive Indonesia’s Economic Transformation
... Deal ‘Soon’ as Freeport Stays Tight-Lipped Beyond driving ... in Gresik, East Java. The Indonesian government, which currently holds a 51 percent stake in Freeport ... Indonesia, is in ...Business Oct 8, 2025 | 3:21 pm
Indonesia Hopes to Sign 12% Divestment Deal ‘Soon’ as Freeport Stays Tight-Lipped
... Roeslani said that Freeport was willing to raise the government’s current shares ... 12 percent stake at Freeport’s local arm at no cost. Freeport is currently ... smelter facility in East Java’s Gresik. Freeport’s Grasberg mine in Papua is one ...Business Oct 8, 2025 | 2:56 pm
Chilean National Among Victims Found After Month-Long Search in Freeport Mine Disaster
... Wenas, President Director of PT Freeport Indonesia, in a statement from Jakarta. “ ... Danantara on Why Freeport Divests 12% Stake for Free Freeport Indonesia stated that ... jointly managed by Freeport-McMoRan and the Indonesian government, employs thousands of ...News Oct 5, 2025 | 11:00 pm
'Fully Subscribed' $3 Billion Patriot Bond to Fund Waste-to-Energy Project: Danantara
... around $3 billion in a private placement scheme. In other words, Danantara ... energy,” Rosan told the press in Jakarta. A waste-to- ... lessen the sub-national government’s financial burden as they ... ’: Danantara on Why Freeport Divests 12% Stake for FreeBusiness Oct 1, 2025 | 9:25 pm
‘That’s Art of Negotiation’: Danantara on Why Freeport Divests 12% Stake for Free
... Freeport-McMoran is willing to divest 12 percent of its stake in ... percent of its stake free of charge. In other words, we ... goes as planned, the government’s shares in Freeport Indonesia will rise from ... 63.23 percent. The government controls the shares via the ...Business Oct 1, 2025 | 5:52 pm
Freeport Agrees on 12% Divestment Deal at No Cost: Danantara
... miner Freeport McMoran has agreed to divest 12 percent of its stake in ... percent stake,” Rosan told the press in Jakarta. Rosan also said that Freeport ... demand. The government currently holds a 51.23 percent stake in Freeport Indonesia mainly via ...Business Sep 30, 2025 | 9:25 pm
Freeport Rescue Update: Five Workers Still Missing in Grasberg Landslide
... workers,” Bahlil said. Government estimates suggest Freeport Indonesia’s copper and gold ... as the government and Freeport negotiate an expansion of Indonesia’s ownership in the ... company. Jakarta currently holds a 51 percent stake through ...News Sep 26, 2025 | 6:52 pm
Indonesia Eyes 12% Freeport Divestment Deal by October
... stretch, with the government seeking to raise its stake in Freeport Indonesia (PTFI) to ... : Indonesia Seeks to Boost Freeport Stake Beyond 61% in Ongoing Talks Bahlil said ... expand its stake follow decades of tension over Freeport’s role in Papua. The ...Business Sep 26, 2025 | 5:17 pm
Indonesia Seeks to Boost Freeport Stake Beyond 61% in Ongoing Talks
... in Freeport Indonesia (PTFI) by more than 10 percent, potentially lifting the government’s stake ... Presidential Palace complex in Jakarta. The government currently controls 51 ... the government in a $3.85 billion deal. The agreement also required Freeport to ...Business Sep 15, 2025 | 9:36 pm
Prosecutors Seize Rp 833 Million from Riza Chalid in Pertamina Graft Probe
... told a news conference in Jakarta. Officials also seized ... inflated, forcing the government to pay between 13 ... Chalid was previously investigated in two other corruption cases ... government’s efforts to acquire a majority stake in copper and gold miner Freeport in ...News Feb 26, 2025 | 8:00 pm
Government Allows Freeport to Export Copper Concentrate Until June
... Jakarta. The Indonesian government has granted Freeport Indonesia a limited export ... to meet all government-imposed requirements. Freeport has historically ... Freeport to process copper locally. The Indonesian government holds a 51 percent stake in Freeport ...Business Feb 21, 2025 | 6:09 pm
Freeport to Resume Copper Concentrate Export But It Has to Pay Higher Taxes
... refine 1.7 million copper concentrates a year, in East Java’s Gresik. This facility ... on Freeport,” Bahlil said. The minister revealed that the government had factored in ... . The Indonesian government at present has a 51 percent stake at Freeport. Any problem ...Business Feb 19, 2025 | 7:10 pm
Energy Minister Bahlil Rejects Freeport’s Copper Concentrate Export Request
... criticized Freeport for repeatedly seeking export permits despite the government’s longstanding ... downstreaming, the government has been adamant that Freeport fulfills its ... noting that the Indonesian government holds a 51 percent stake in Freeport.Business Dec 19, 2024 | 6:58 pm
Prabowo Tells US Investors He Has Zero Tolerance for Corruption
... business giants that his government would not tolerate corruption ... of Freeport’s shares, and the Indonesian government is in the ... process of securing an additional 10 percent stake ... whopping $10 billion. Government data showed that the US ...Business Nov 12, 2024 | 10:37 am
Jokowi: Indonesia Still Negotiating for Additional 10 Pct Stake in Freeport Indonesia
... table regarding an increase in its stake in gold miner Freeport Indonesia (PTFI), a subsidiary ... of its shares in Freeport Indonesia to the Indonesian government. Additionally, Freeport committed to ...Business Sep 23, 2024 | 10:17 pm
Bahlil Lahadalia Pushes for Freeport Permit Extension Before Presidential Term Ends
... percent stake in Freeport, with 10 percent owned by the Papua regional government-owned ... an additional 10 percent stake, raising its ownership in Freeport to 61 percent ... purchase of the 51 percent stake in Freeport. "So, we are already profitable ...Business Jul 11, 2024 | 2:56 pm
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