Topic

#freeport

Every story tagged #freeport on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

2 stories in this topic

Living

Nov 13, 20182 min read

Indonesia to Sell $4b in Bonds to Fund Freeport Purchase

State-owned mining holding company Indonesia Asahan Aluminium, better known as Inalum, sold bonds worth $4 billion in its first-ever US dollar bond deal on Thursday to fund the acquisition of a majority stake in the Grasberg copper mine in Papua. The deal…

Finance

Jul 4, 20182 min read

Indonesia Extends Freeport’s Grasberg Mine Permit Amid Talks on Environmental Impact

Indonesia has extended a temporary operating permit for Freeport McMoRan’s Grasberg copper mine in Papua until the end of the month while discussions continue over long-term rights, a Mining Ministry official said. The United States-based mining giant’s local…