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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…
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…
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